My how things have changed
I just read that they expect more foreclosures than new homes built. WHAT are you kidding me? I can't believe things have gotten this far out of control. I believe the loan officers and mortgage companies lowered there standards to much for profits. Well one thing I am sure of is there will be a price to be paid. This will come the way of layoffs, reduced earnings etc. Maybe they will learn by their mistakes. Somehow the blame always goes somewhere else.
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