Ethics In the Mortgage Industry
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Ethics In the Mortgage Industry

Recently in an open discussion a mortgage broker I know  Fred Glick said, “I just had a wholesale mortgage lender call and tell me proudly that his company approves FHA loans a credit score as low as a 545.” “I explained to him that when people with such low credit ratings get these loans and…

Some Foreclosure “Victims” are Cheating the System

Some Foreclosure “Victims” are Cheating the System

I’ve heard of and witnessed home owners, going into foreclosure, living in their homes for two to six years without paying one mortgage payment, laughing how they are living for free, and milking the system. By simply doing a search on the Internet for specific tactics of prolonging the foreclosure process, testimonials will point out…