Here are some warning signs to be aware of...ยท Sounds too easy. "Guaranteed approval" or "no income verification" regardless of borrower's current employment, credit history, and assets. These claims indicate the lender doesn't care about whether you can afford to make the payments over the long
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06/30/2007
The sub-prime crisis has turned into quite a nightmare for some homeowners and the lenders who originated those loans. Now, the $64 million question is: if and how will it affect the housing market. "Delinquencies and foreclosures are going up because rate re-sets are kicking in on exotic arm loa
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06/30/2007