How did we go from a nation of fixed-rate loving mortgage holders to this sudden spike in toxic mortgage products? It turns out that hard pitching telemarketers, in the best boiler room fashion, have been jamming these products down the throat of unwary consumers. Consider the following discussion from our media shy denizen of Maine:
Exotic Mortgage Brokers: The New Boiler Rooms
By Jim Zellmer on September 12, 2006 8:44 AM
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About this Entry
This page contains a single entry by Jim Zellmer published on September 12, 2006 8:44 AM.
Freebie's Galore! Home Builder's Incentives was the previous entry in this blog.
Real Estate Agents vs. Net is the next entry in this blog.
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