How about two 2nd mortgages? This one was great, it combines 2 of my least favorite things, a negative amortizing loan AND bank fraud!Loan officer Santiago sells clients on an 80/20 and fails to tell them that they are in a neg am loan on the first mortgage. She also advises clients that she mi
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08/30/2007
1. So what if the bad credit people lose their homes...they shouldn't have bought anyway, right?IF THEY LOSE THEIR HOMES, OUR VALUES ARE EFFECTED, SOUND CREDIT FOLKS HAVE A HARDER TIME REFINANCING, ETC. ETC. EVERYTHING STARTS TO TANK. 2. Sub-Prime borrowers are a small portion of all the buye
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08/30/2007
Just thinking about the housing inventory issues......in snohomish county we are at about a 3-4 month supply and the supply is getting greater. I wonder what it would be like to be in Maricopa County, AZ, with a 10+ month supply?A painful, but necessary step in the correction of over-inflated ho
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08/29/2007