______________ is frequent refinancing that do not benefit the borrower. This practice can result in borrower injury from the fees imposed and from the fact that it decreases home equity and increases the consumer's debt burden, thus increasing the chance of foreclosure.
Loan flipping is frequent refinancing that does not benefit the borrower. This practice can result in borrower injury from the fees imposed and from the fact that it decreases home equity and increases the consumer's debt burden, thus increasing the chance of foreclosure.
Loans will be avarge
Loan flipping refers to the practice of repeatedly refinancing loans in a way that does not benefit the borrower, often leading to increased fees, reduced home equity, a higher debt burden, and a greater risk of foreclosure