Mortgage Refinancing or Foreclosure and Bankruptcy?
October 18th, 2007 at 11:19pm Under bankruptcy attorney+ mortgage refinancing
Here is a great article that really helps people understand what went wrong with the real estate and mortgage industry. It also highlights various situations that occurred as a result of predatory lending which has ultimately led to scores of homeowners flocking to a bankruptcy attorney for relief.
Lenders can’t shovel all the blame on borrowers
UNION-TRIBUNE
Dean Calbreath
In recent weeks, the mortgage industry has put out the word that it is shocked, simply shocked at the amount of fraud involved in home loans.
“People are deceiving lenders at an alarming rate,” said Jonathan Kempner, who heads the Mortgage Bankers Association.
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