User 232593

Two Mortgage Markets Emerging from the Crisis

sure with unemployment on the rise who wants to take a chance in financing these houses. good people on the job for close to 40 years are being laid off.they have a good credit history but their future is very questionable.the wrong houses are being built.build a modest 1,400 sf house on a 1/4 acre,offer a reasonable 40 yr mortgage, include a preventive clause so no heloc can be issued.teach the dumb sheeples that their home is not an atm but the roof over their head.the local banks can make a nice living & so can the builders.