The Trouble with Tax-Lien Lending

Written by Chris Masten and Mark Collins

Mortgage holders could see their security interest wiped out if a borrower in Texas or Nevada gets a property tax loan where the lien has priority over the first mortgage.

Property tax lending is a high-interest-rate, multi billion-dollar business that increasingly targets lower-income families and families in financial distress, and it's a growing concern for mortgage holders. 

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