Fraudsters at work in Carlsbad

[farbet]

Check this out at

http:www.bubbletracking.blogspot.com/

Where are the realtor association,appraisers and maortage fraud units on these crooks

[farbet]

sorry about the link

[Happy renter]

Yeah, I saw that article. I found something is similiar to that also from Craigslist:

“We are a group of equity investors that want to help people own their own homes. We provide the downpayment for you.”

http://sandiego.craigslist.org/apa/303540496.html

[Kilohana]

I can’t for the life of me figure out how they are doing this so late in the game. I’ve been watching Broker’s Outpost – loans are HARDLY flying out the door. (Even for folks with downpayments, full doc and decet FICOs) How are they getting 100% loans for homes with no solid comps? (Now, the comps are there, sadly…) Will we see a clamp down on appraisers? Seems to me they are in total control of the market now.

[Happy renter]

Hey! My contribution was being posted by ocrenter from Bubble Markets Inventory Tracking:

http://bubbletracking.blogspot.com/2007/04/whos-actually-buying-these-properties.html

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