Sub prime lenders are being pretty stupid with their lending.
However, it takes two to tango. A lot of people borrowing money are being pretty stupid as well. They are jumping into loans without investigating the responsibilities and ramifications.
There are people who are getting second mortgages who do not have jobs. Read the rest of this entry »
Tags: Bad Credit Mortgage, Mortgage Debt Consolidation, Mortgage Refinance, Second Mortgage Plans, Second Mortgages, credit card debt, Subprime mortgage, US Housing market