Great for real estate brokers, great for underwriters, appraisers, developers, builders and all the other folks making money off of home sales, but I'm not so sure about the folks actually, you know, buying those homes. And who's backing all this paper? Three guesses and the first two don't count...
Eh, what the hell? I'm positive it will work out just fine this time around. (Not everyone should be a homeowner, though, and they're often far better off renting rather than buying. Just saying.)
Thousands line up for zero-down-payment, subprime mortgages
"Politics is just show business for ugly people."
Eh, what the hell? I'm positive it will work out just fine this time around. (Not everyone should be a homeowner, though, and they're often far better off renting rather than buying. Just saying.)
Thousands line up for zero-down-payment, subprime mortgages
"Politics is just show business for ugly people."