In order to protect the consumer in mortgage origination the following changes shall be made:1. The states shall licence all mortgage brokers and their agents. Standards shall be set by the individual states, but records shall be maintained so that the public may be made aware of individual compl
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04/15/2008
You want to buy a bargain! You know all about the real estate crises, you watch the TV news. Maybe you even took a ride on the "Foreclosure Express" bus where the REALTOR® on the loud speaker pointed out a nice looking house with brown grass, and told you, "it sold for a Billion Five, 3 years ago
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04/12/2008
A highly respected friend writes: "I'll grant you that prepayment penalties aren't the cause of the foreclosure "problem" but they indicate where the problem may lie: Bad lending practices."I just wrote about prepayment penalties, The Evil Of Ignorance / Is The Pre-payment Penalty Evil? My concer
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04/11/2008
This was written for my Pod-cast at The Real Estate Sage the individual link is http://realestatesage.info/2008/04/02/httpwwwgetthemoneyus.aspxThe Evil Of Ignorance / Is The Pre-payment Penalty Evil?During the current mortgage crisis every news pundent, every former home owner, every politico, ev
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04/02/2008
