High Cost Lending on Indian Reservations – Watch Out if You are Buying a Home

In the Spring of 2003, the National American Indian Housing Council (NAIHC) and the National Community Reinvestment Coalition (NCRC) conducted a survey to generate perspectives from officials on Indian reservations regarding the extent of predatory lending. The survey results paint a troubling picture concerning the magnitude of abusive and high-cost lending targeted particularly to first-time homebuyers.