starting at 10:30, footage of fraudulent loans using fake documentations and inflated sales price reminiscent of our own bubble from 10 years ago.[/quote]
Thanks for sharing ocrenter! That video brought back memories from our own housing mess. There will also be a day of reckoning for China and unfortunately we’ll probably feel it here in the USA as well.
Great seeing you today at lunch. We have to do that more often![/quote]
Haha, total Deja vu moment when the realtor offered to find someone to write the income verification letter for $25 followed by an offer to inflate the sales price so the buyer can obtain 100% financing.
