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re: Re It's "immoral" to strategically default on one's mortgage
Posted on 12/14/11 at 11:10 am to Tiger JJ
Posted on 12/14/11 at 11:10 am to Tiger JJ
quote:
Undocumented income/liars loans and rogue mortgage lenders. There are many people being prosecuted in this area for mortgage fraud and I am not talking about bank employee lenders. The govt is more interested in pursuing this than securities fraud.
while this may be true, it is a HUGE problem and is only growing as the bad times continue
1
Posted on 12/14/11 at 2:04 pm to Shankopotomus
You think nodoc/liar loans have gotten MORE prevalent since the bubble? For real?
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