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Archive for the ‘Sub-prime Mortgages’ Category

Who is Going to Make it to the Final Four?

Posted in Industry News, Sub-prime Mortgages, tagged , , , , , on Mar 30, 2008 | Leave a Comment »

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Can’t Pay Your Mortgage? Sue the Mortgage Lenders!

Posted in Politics, Rants, Sub-prime Mortgages, tagged , , , on Jan 17, 2008 | 4 Comments »

I knew it wouldn’t be long before some bottom feeding lawyers started filing lawsuits against mortgage lenders. Here in Chicago, we have some ambulance chaser advertising all over the airways looking for people who are on the brink of foreclosure to file a lawsuit against the lender. The City of Cleveland, OH has decided to [...]

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Here Come the Politicians

Posted in Industry News, Miscelleanous, Rants, Sub-prime Mortgages on Mar 18, 2007 | Leave a Comment »

With all the press coverage about sub-prime lending and the impending housing bubble (if there really is one), it was only a matter of time before the politicians started licking their chops and proposing brilliant plans in order to win votes. I am hoping that real estate industry is not beyond the point [...]

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Anatomy of a Bad Loan

Posted in Mortgage Fraud, Sub-prime Mortgages on Mar 14, 2007 | 5 Comments »

The other day one of the loan officers in my office came in to show me a good faith estimate for one of her clients. The borrower didn’t use her for a mortgage, but instead used a company that called her off a trigger list. The borrower called my co-worker back after the closing realizing [...]

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