Posted on 06/13/2008 12:04:17 PM PDT by doug from upland
You can still get a loan without fees and points but they pack it into a higher interest rate. You can get a lower interest rate by buying down the loan. That may make sense if you plan to stay in the property for some time.
How many Countrywide mortgage holders were forced into these predatory loans in order to cover the cost of the deals to Mr. Mozilo's "friends"?
How many children are now homeless because these mortgage holders were forced into foreclosure?
How many of these children are now obese because their family can't afford to serve them a nutritious diet?
How many of these children are now severely underweight because their family can't afford to serve them a nutritious diet?
How many of these mortgage holders are now facing foreclosure, because they can't afford the gas to drive to work?
...just taking a page from the Democrat playbook...
tsk tsk bump
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