It was investigated for predatory lending by state prosecutors, and the company now faces a class-action lawsuit from borrowers.

NPR: Former Ameriquest Workers Tell of Deception

Two predatory lending bills, in Georgia and New York state, make buyers responsible for predatory elements in their portfolios.

ECONOMIST: Lawmakers, state and federal, are mounting an attack

When the outcry catches up with them, the crooks simply move to another office in another state and resume their predatory ways.

FORBES: Magazine Article

Greenwich sued in 1998 after Countrywide agreed to renegotiate the terms of mortgages as part of a settlement of predatory-lending charges by 11 state attorneys general.

FORBES: New York Court Dismisses Hedge Fund's Suit Over Countrywide Mortgages

We need to, I think, curb predatory lending and, lastly, what Europeans do is they have policies where they state it's democratic to advance financial inclusion, they call it.

NPR: All I Want For Christmas: Less Debt?

Director Cordray, who previously served as Franklin County Ohio Treasurer, Ohio State Representative, Ohio State Treasurer and Ohio State Attorney General, spoke about his experiences as a state and local official and the importance of the CFPB partnering with local enforcement organizations to prevent predatory lenders from taking advantage of the American people.

WHITEHOUSE: Director Richard Cordray Invites Local Leaders to Partner with CFPB in Protecting Consumers | The White House