news media: News Media At It Again With More Scare Tactics!!!!! - 04/14/07 02:25 PM
This evening I listened to a news broadcast about how Borrowers are all the sudden unable to get a mortgage.  I just sat there shaking my head at the negativism and false information that the News Media was spreading.  They tried to paint a picture that people who were in two year ARM’s are not able to get out of them, because Lenders have tightened up their requirements to the point were they can not get a new loan.  They interviewed a Borrower that he and his wife make a six figure income between them and could not get a loan.
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George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) Ambassador large

George Souto

Your Connecticut Mortgage Expert

Middletown, CT

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George Souto NMLS #65149 FHA, CHFA, VA Mortgages

Address: One Liberty Sq., PO Box 1000, New Britain, Ct, 06050

Office: (860) 573-1308

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