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Arizona mortgage failures fuel crisis
http://www.azstarnet.com/sn/fromcomments/258592.php
By Christie Smythe Arizona Daily Star
Tucson, Arizona | Published: 09.21.2008
“The financial risks taken by Arizona home buyers and lenders in the housing run-up came home to roost in last week's financial crisis.”
Comments:
http://regulus2.azstarnet.com/comments/index.php?id=258592
# 47.
Ratings: -0 +8
“Realtors will personally call loan officers to see who will qualify there client for the largest loan and steer there client to use them.” “How is Long Realty able to have a real estate business, mortgage, insurance and Title company under one roof?”
# 46.
Ratings:-0 +8
“A friend of mine was a loan officer for a now defunct mortgage company here in Tucson. I remember her telling me last summer (2007) that she was ordered by her manager to approve a loan for a young couple that she knew couldn't afford it, or to quit her job.”
# 55.
Ratings: -0 +1
“I used to work for First Magnus Financial in 2005 as an account executive in Tampa Florida.” “Greed is what killed the industry.”
"used car salesman" techniques were being adopted by loan originators, and quite honestly people were being swindled.”
By Christie Smythe Arizona Daily Star
Tucson, Arizona | Published: 09.21.2008
“The financial risks taken by Arizona home buyers and lenders in the housing run-up came home to roost in last week's financial crisis.”
Comments:
http://regulus2.azstarnet.com/comments/index.php?id=258592
# 47.
Ratings: -0 +8
“Realtors will personally call loan officers to see who will qualify there client for the largest loan and steer there client to use them.” “How is Long Realty able to have a real estate business, mortgage, insurance and Title company under one roof?”
# 46.
Ratings:-0 +8
“A friend of mine was a loan officer for a now defunct mortgage company here in Tucson. I remember her telling me last summer (2007) that she was ordered by her manager to approve a loan for a young couple that she knew couldn't afford it, or to quit her job.”
# 55.
Ratings: -0 +1
“I used to work for First Magnus Financial in 2005 as an account executive in Tampa Florida.” “Greed is what killed the industry.”
"used car salesman" techniques were being adopted by loan originators, and quite honestly people were being swindled.”
ellasilveira |
Latest page update: made by ellasilveira
, Oct 29 2008, 2:22 PM EDT
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