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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: willcousa who wrote (38154)2/15/2008 10:03:34 AM
From: John Carragher  Read Replies (1) | Respond to of 95735
 
and the industry treasury, greenberg and congress were aware of it going on.



To: willcousa who wrote (38154)2/15/2008 2:45:21 PM
From: The Ox  Read Replies (1) | Respond to of 95735
 
When the loan broker gets his fee up front and the lender can lay off the loan at a profit, selling it into a mortgage pool which has no recourse to him

IF the loan broker and the lender "know" that the borrower does not qualify for the loan yet they continue to loan the individual money, then there is fraud, which implies there is recourse.



To: willcousa who wrote (38154)2/15/2008 8:49:50 PM
From: etchmeister  Read Replies (1) | Respond to of 95735
 
I am an attorney with a real estate practice

It's quite amazing how much land was granted by the the United States to certain individuals back than - not even 100 years ago.

Is the loan fraud across the board with regards to price range? I mean Mill Valley 1.4 million is probably sort of "rock bottom".