Real estate blog entries tagged with brokers by Abe Loper (Abe Loper)

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Home : Blogs : Abe Loper : Abe Loper's Blog : Tag "brokers"

brokers: So many Foreclosures......Who's to Blame? - 05/05/07 11:32 AM

In the aftermath of the recent storm of foreclosures, I've heard and read a lot of people sharing their thoughts on who is responsible and what caused the problems, how to fix the problem, how not to fix the problem, etc. More often than not, it's lenders and adjustable rate mortgages that take the brunt of the blame. And, certainly, in many cases, that is absolutely the case. But, I want to introduce a new perspective to the mix. Though I agree that 30yr loans are best, and that there ARE "slick" and "greedy" lenders out there, it's important to … (3 comments)

brokers: The Reason for the Rise in Foreclosures is......... - 02/11/07 09:42 AM

Sure, it could be the brokers, and we are likely to take the brunt of the blame. But the rality is, it's not us. Brokers were around 10 years ago when foreclosure rates were lower. I know that there bad brokers out there. I got swindled by one when I baught my frist house. They may aggrivate the problem, but are not the source. In order to find what's making the difference, you have to look for something that has changed. The differences today are market and mindset. Rates have risen almost 2% in the last 5 years and that … (3 comments)

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Abe Loper

Lynchburg, VA

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Abe Loper

Address: Lynchburg, VA, 24504

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