Risks or not, the accounting treatment is boosting reported profits sharply.
Ever here the expression; letting the fox guard the henhouse? That's what you did by allowing the other party to draw up the papers. Well, the contract indicates for 30 years and re-finaninig wasn't an option, it was a MUST. Risks or not, the accounting treatment is boosting reported profits sharply.
You are either ignoring us or not paying attention. Unfortunately practices such as these are becoming the norm in an increasingly cut-throat industry that is fighting increased attrition levels by 'crossing the line'. Pandagon has a fairly extensive thread on this topic. Experian, are selling these kinds of trigger list leads. And even without the bubble, societal pressure to own a home is huge. We specialize in Ch 7 and 13 pre and post bankruptcy lending solutions.