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What Makes a Mortgage a “Bad Loan?” I’m Confused.

Written on 20 May, 2013 at 4:43

What Makes a Mortgage a “Bad Loan?” I’m Confused.

Or do we only judge a loan to be "bad" after it defaults, and because it defaults? Assuming there are NOT predatory practices involved, is a loan "good" until it defaults and then it becomes "bad." And is... (Continue reading)

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HAMP’s New Enhancements are Stupid and I’m Getting Tired of Stupid

Written on 10 Apr, 2010 at 20:43

HAMP’s New Enhancements are Stupid and I’m Getting Tired of Stupid

They did it again, damn it. The Harvard contingent that's packed in like sardines in this administration once again demonstrated that they have no idea what they're doing when it comes to the foreclosure crisis.... (Continue reading)