Cannonfire--'A Piece of Tape': "I don't know about the rest of the country, but in NY, these loans are still happening. As a paralegal doing real estate work, I am still seeing the inflated prices, seller concessions, grants for first time home buyers and mortgage brokers who would sell their mother to get a loan through.
My only question is - who is buying these bad mortgages now?"
A most excellent question.
1 comment:
the financial markets seem to be operating on the "greater fool than i" concept.
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