How to solve the mortgage crisis. - 04/02/08 05:05 PM
Reset all mortgages to a fixed rate. If a judge can stall mortgage interest resets, then a permanent reset to a fixed rate can be done. This should especially apply to subprime loans.
How did the crisis began? Good ole fashioned greed. As lenders ran out of traditional borrowers, they turned to subprime borrowers- who could be easily manipulated and had never owned a home. These borrowers (some who may have qualified for a fixed rate loan anyway) were then bamboozled by lenders with low interest rates at the outset of the loan period. After 2 years rates shot higher than … (0 comments)

 
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Durham, NC

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Linda Craft & Team, REALTORS®

Address: 7300 Six Forks Road, Raleigh, NC, 27615

Office Phone: (919) 235-6305

Cell Phone: (919) 771-3609

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I'm a bilingual (Spanish) real estate broker and manager with The Linda Craft & Team REALTORS in Raleigh, North Carolina.

Part of the "Triangle", Durham is home to the famous Duke University as well several prominent medical and technology firms based out of the Research Triangle Park. Currently undergoing a renaissance, Durham's downtown has been almost completely revitalized with the old tobacco warehouses (Durham is an old tobacco town) being converted into living areas and office spaces. 

While Real Estate is my profession, DJ Culture and Design is my passion. I am part of DJ group called Sound Cartel. We play electronic dance music, mostly house music at Mosaic Wine Lounge, Talullas and around the Triangle. I also create our graphics and maintain our website.



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