mortgage brokers

Last night, I was watching CNN and saw Mike Huckabee's unfortunate comment about someone aiming a gun at Barack Obama.

That comment was about the most idiotic thing someone could say. What better proof is out there that we ought to curb the availability of guns than jokes about political assassinations by guns.

On to my real point...

The loan industry is trying to flex it’s little muscles, and getting some help from the Fed.

Facing South conveys news of a report that bottom feeders mortgage brokers are actually hazardous to your financial health and if you currently use them, it's never to late to quit.

By Miranda Marquit, guest writer

Sage advice, except that most folks aren't really in control of being able to "hang on" to a job if cuts are mandated further up the chain of command.....

The litany of investigations, indictments, and sentencing of flippers, mortgage brokers, and real estate agents continues. They are piling up.

The San Francisco Chronicle reports that the FBI is conducting 14 separate criminal inquiries of different companies--including mortgage lenders and investment banks--that participated in subprime lending. But rounding up the white collar perps will not be easy:

unlike other big financial scandals such as Enron and the savings and loan crisis, the perpetrators are not a cadre of easy-to-f

While I’m on the topic of foreclosures, I’d like to remind you that many people that are facing foreclosures were not trying to make money flipping their house, but were duped by greedy mortgage brokers working for greedy subprime lenders. According to CNN, the FBI is investigating 14 companies for mortgage fraud.