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stated income: Patience Is A Virtue--Has The Government Forgot This? - 07/17/08 04:36 PM
First off, let me say this isn't a blog entry about who's at fault for everything.  I think a lot of people took advantage of a lot of programs and succumbed to the pressure of providing the next big product in order to please clients/realtors/mortgage brokers/etc.  However, I think we're close to going too far with unneeded legislation that will further deteriorate consumer confidence in the real estate industry. 
Want examples?  Sure, read on.
FHA and Down Payment Assistance Programs.  These programs have been around for years without any issues with them.  They help people obtain loans with assistance from various … (4 comments)

 

Eric Frederick

Phoenix, AZ

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Eric at Eagle Nationwide Mortgage Co.

Office Phone: (877) 539-0552

Cell Phone: (602) 748-9780

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