Basically, the situation with the recent credit rating downgrade of the nation is comparable to what would happen if an individual’s score declined. The riskier the customer, the more they have to pay in order to borrow money, and unfortunately, if the government has to pay more, then so will you. Mortgages – Fixed rate …
Tag Archive: CBS
Apr 07
60 Minutes Exposes Major Lenders’ Deceptive Foreclosure Practices – FRAUD Revealed
Did you see The Next Housing Shock – 60 Minutes on CBS News? It is an excellent exposé that revealed banks’ deceptive practices for rushing foreclosures in and out of the courts. If you own a mortgage, regardless of its condition, you owe it yourself to watch this segment: The paperwork forgeries and courtroom injustices …
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