Finance
Predatory lending practices in Nebraska may include:
AOffering government-backed loan programs to low-income buyers
BCharging excessive fees, steering borrowers to more expensive loans, or using deceptive terms✓ Correct
CRequiring a 20% down payment on conventional loans
DMandating homebuyer education for first-time buyers
Explanation
Predatory lending involves abusive practices such as excessive fees, balloon payments without adequate disclosure, loan flipping, and steering borrowers to high-cost loans for which they would otherwise qualify for better terms.
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