Subprime Cartoon Stick Figures

Subprime Cartoon Stick Figures
Slimed & Subprimed

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Subprime Bailout

Subprime Bailout

Question: Would helping the subprime homeowners have prevented this cascading failure of the financial system?

and precluded the need for these incredibly expensive bailouts?

Answer: In a way yes. All around regulation would have been much better.
Don’t believe these lies about how banks were forced to loan to low income people.
Theirs was a low quality [...]

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Mortgage Fraud Lawsuits

Mortgage Fraud Lawsuits

Question: who is responsible for a fraudulent appraisal?

Our mortgage was approved based on a fraudulent appraisal. We signed the note believing we had 50 thousand in equity, now we find out that we actually owe more on the home than it is worth. Does anyone know of a lawsuit that has gone in [...]

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Subprime Loans History

Subprime Loans History

Question: Why do people get subprime loans? It’s not THAT diffucult to get approved for a fixed rate………?

I got between 5 and 6% about 3-1/2 years ago, and my credit history was not good, and I had no money in the bank. I had defaulted loans, 2 foreclosures, and lots of late [...]

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Discount Mortgage Relief Reviews

Discount Mortgage Relief Reviews
Last Wednesday was a difficult day at the stock market. Behold a lesser mirror image of Wall Street market in the States; wrecking the bank shares, and feeding the speculation about upcoming inflation, the index of FTSE 100 stocks dramatically dropped by 160 points. The market in the States is suddenly [...]

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