I’m sick and tired of people not accepting responsibility for their own choices. Yes, it’s a bad loan but she should’ve researched all aspects of it before signing the documents. How difficult is it to read up a little about the different loans possible and which ones to avoid? These stupid lazy people do not want to do any due diligence on their part and now start fingerpoint at everyone else except themselves.
Even if a loan officer tells someone a negAm is a good idea because home prices will appreciate it cannot be construed that he misled anyone because it is possible the loan officer is foolish enough to believe in perpetual appreciation himself!
