NO DOWNPAYMENT MORTGAGES – THEY'RE BRINGING STUPID BACK?

Posted by Leonard Steinberg on February 6th, 2013 Is the stupidity that helped cause the previous recession returning? It appears so, although this time no downpayment mortgages will initially only be available to the wealthy.  It’s 100% financing—the same strategy that pushed many homeowners into foreclosure during the housing bust. But Banks say these loans… [Read More]