24 Mar 2007 06:38 pm
Facts about your mortgage
| No one takes any responsibility for their actions. True, banks and [tag]mortgage companies[/tag] have put many borrowers at risk with their loans. But where were the public, the bank regulators, the real estate agents, the mortgage brokers? [tag]Real estate agents[/tag] should know about [tag]financing[/tag]. Many are also [tag]mortgage brokers[/tag]. And the public, what were you thinking when your income was exaggerated, or you bought a home you could not afford? Doesn’t anyone question how their loan works? Jobs were made up because they were not verified. I did these [tag]interest-only loans[/tag] back in the late 1980s and we educated the borrowers and they did not have a problem. |
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