Take The Pain Out Of Sub Prime
“We’ve all been reading stories about the subprime-mortgage meltdown for months, but last week it came home to Philadelphia with the release of a comprehensive study by the Reinvestment Fund, a nonprofit group that works to stimulate growth in low- and moderate-income neighborhoods.” See philly.coms article Take The Pain Out Of Sub Prime
August 18th, 2007 at 5:40 am
Too bad all this advice wasn’t being reported this much when sub-prime loans were being handed out like yesterdays meatloaf. I blame the mortgage companies for NOT telling consumers the whole truth about these loans. The companies were just out to butter their own bread without one thought to the consumer who were the targets of these rip-off loans. Some of these mortgage companies are now paying the price for their greed! How do they like it? And can YOU believe that some mortgage companies are STILL advertising these loans? You know the saying “Fool me once….”