Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > Other Topics > Business, Finance, and Investing
FAQ Community Calendar Today's Posts Search

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #11  
Old 06-21-2006, 10:54 PM
scotchnrocks scotchnrocks is offline
Senior Member
 
Join Date: Mar 2006
Posts: 808
Default Re: Ask tommy2 about Real Estate

Why are mortgage brokers/banks allowed to fund such loose lending practices? Who picks up the tab when houses lose 20% in value and have mortgages with little/no equity and only 3 years of interest paid? Seems like some lenders are merely operating a get rich quick scheme with no integrity.
Reply With Quote
 


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -4. The time now is 06:35 PM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2026, vBulletin Solutions Inc.