Check this out:
http://finance.yahoo.com/expert/article ... ppy/121849
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Not quite what I had hoped for...but something...
Moderators: DebC, AppraisalCoach
2 posts • Page 1 of 1
Not quite what I had hoped for...but something...
by The Excessor on Thu Nov 13, 2008 11:20 am
- The Excessor
- Newbie
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- Joined: Fri Oct 31, 2008 9:18 am
by Benji on Mon Nov 17, 2008 12:47 pm
"What we're learning from the crisis is that the consumer is unaware of the hazardous instruments they can get roped into," says Mark Forest, spokesperson for Rep. Delahunt. He cites studies that show some subprime borrowers qualified for lower-interest loans, but were steered into more expensive products by mortgages brokers seeking higher commissions.
Amazing they are just now learning about this. Funny in some ways, but very sad in many more...
Sincerely,
Amazing they are just now learning about this. Funny in some ways, but very sad in many more...
Sincerely,
I'm proud to be a Real Estate Appraiser Trainee
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Benji - Charter Member
- Posts: 377
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- Location: Louisiana
2 posts • Page 1 of 1
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