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Recent Comments
BAZ7160 05:11:59 PM Aug 18 2008
No, its not illegal to take risk- if you're willing to pay up if things go wrong. Problem with the mortgage biz is that all these companies took ridiculous risks and now ALL US TAXPAYERS get to pay up for THEIR risks. Last I checked, robbery IS illegal- or at least, it should be!
HarryJCarr3 04:46:55 PM Aug 18 2008
It is not illegal to invest in a risky business deal. They should lose their jobs but not go to jail...
DEVLINSON 04:41:32 PM Aug 18 2008
Why are the CEOs of Fannie and Fredie still running the companies and not in jail?
Mortgage Basics
How familiar are you with the mortgage process? Mortgage terms? Mortgage fees and costs? Learn about them all here.
- Types of Mortgage Loans
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- Mortgages From the Blog
Don't use mitigation services to save your house!
We've been seeing a number of questions regarding mitigation services and whether to pay them $1,000 or more to help save a home from foreclosure. Most of these mitigation services are frauds. You not...
Chicago-area sheriff refuses to participate in evictions
In Christopher Buckley's Thank You for Smoking, the main character, Nick Naylor, is a tobacco lobbyist. As his job pushes him to ever deeper levels of moral depravity, he repeatedly states,...
Ed McMahon: Where's the bucks?
Ed McMahon has finally found a buyer for his multi-million dollar house avoiding foreclosure. Reportedly, his mortage lenders filed notice of default in Februrary when McMahon was over $644,00 in...
Mortgage Confidential: Who is culpable for the credit crisis?
I got this email today (a good one) from a reader wanting to know who we should hold responsible for the mortgage "crisis." Q: David: Can we hold our political leaders responsible for the financial...
