Remember the “stated” loan? It’s also called the “liar loan” or the “loan that crashed our housing market”.
About two weeks ago an old high school friend found me on Facebook.
In early July I was asked to speak at a “First Time Homebuyer” seminar. As it turns out the room was filled mostly with realtors and only and handful of first time homebuyers.
Per the Center for American Progress, “Jobs are down 38 percent since 2006 in residential construction alone.