Mortgage companies making $ by not modifying loans

[patientrenter]

“The question is how much longer the banksters will be allowed to get away with it.”

Congress makes the laws. How long will they let the current economic madness continue? Ask Barney Frank, or Chris Dodd, or Chuck Schumer. They are the ones making sure it continues.

[briansd1]

I’ve said before, so long as companies and individuals get paid upfront fees, that’s what they’ll focus.

Even if there are crawl-back provisions, everyone will maximize the upfront income, the future be dammed.

The reasoning is that the individuals pocketing the fees will be long gone before anyone holds them to account.

[briansd1]

I’ve said before, so long as companies and individuals get paid upfront fees, that’s what they’ll focus.

Even if there are crawl-back provisions, everyone will maximize the upfront income, the future be dammed.

The reasoning is that the individuals pocketing the fees will be long gone before anyone holds them to account.

[briansd1]

I’ve said before, so long as companies and individuals get paid upfront fees, that’s what they’ll focus.

Even if there are crawl-back provisions, everyone will maximize the upfront income, the future be dammed.

The reasoning is that the individuals pocketing the fees will be long gone before anyone holds them to account.

[briansd1]

I’ve said before, so long as companies and individuals get paid upfront fees, that’s what they’ll focus.

Even if there are crawl-back provisions, everyone will maximize the upfront income, the future be dammed.

The reasoning is that the individuals pocketing the fees will be long gone before anyone holds them to account.

[briansd1]

I’ve said before, so long as companies and individuals get paid upfront fees, that’s what they’ll focus.

Even if there are crawl-back provisions, everyone will maximize the upfront income, the future be dammed.

The reasoning is that the individuals pocketing the fees will be long gone before anyone holds them to account.

[Author]

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