Archive | Mortgages

Do Not Climb the MortgageTree

Now if there is a consumer finance warning in PC World, you know something has got to be afoul. In an article titled Consumer Alert: Questionable Online Lenders Demanding Upfront Fees, PC World investigates what can best be defined as unscrupulous lending practices by a San Jose, California-based mortgage lender named MortgageTree. The article cites [...] [...more]

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The Subprime Situation is Still Really Bad — No Kidding

On Condé Nast’s Portfolio.com, there is a post telling us something that we, unfortunately, already know: The subprime mortgage situation still sucks. The post points out that while mortgage lender Countrywide shares have gone up recently, that ‘victory’ is relative and hardly an indicator that happy days are here again. The so-called subprime meltdown is [...] [...more]

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