Foreclosure1 Blog

The foreclosure has taken the country by storm. The story began with the introduction of the sub-prime loan to accommodate those who, due to bad credit history, could not avail of the prime loans. In the latter one must make a down payment and show proper source of income in proportion to the loan being […]

The sub-prime market was created for those with bad credit and could not qualify for prime loans. It was hoped that by introducing it all and sundry would benefit and become a house owner. But nobody took into account the greed and predatory nature of Man trying to squeeze and choke another. When interest rates […]