All Posts Tagged With: "fiction"
4 States Consider Use Of Faked Appraisals
It’s amazing. If you don’t like appraisal results, if you want home prices to be higher, then just change appraisal rules. That’s the theory behind a new legislative drive now taking place in several states. The Appraisal Institute reports that “four states — Illinois, Maryland, Missouri and Nevada — are considering legislation that would prohibit [...]
31Mar2011 | Peter G. Miller | 13 comments | Continued
Mortgage Lending: The Debatable Facts
The market for “nontraditional” mortgage products has increased enormously in the past few years, growth which raises a question: Are interest-only and option ARM loans behind the foreclosure rash seen nationwide in 2006? Could they be responsible for the looming foreclosure glut expected in 2007 and beyond? Nontraditional loans, after all, are different. They allow [...]
26Aug2008 | Peter G. Miller | 0 comments | Continued
© Copyright 