What about all the money made in the mortgage feeding frenzy?
July 27th, 2009 | by mon-talks |
jb c asked:
Yes, banks have lost money and the gov is investigating as to what happened but who is going to talk about all the money the banks and mortgage institutions made in the midst of the feeding frenzy?
NIGEL
Yes, banks have lost money and the gov is investigating as to what happened but who is going to talk about all the money the banks and mortgage institutions made in the midst of the feeding frenzy?
NIGEL
4 Responses to “What about all the money made in the mortgage feeding frenzy?”
By tweety@yahoo.com on Jul 28, 2009 | Reply
youmakemoneyforwork
By loveem on Aug 1, 2009 | Reply
If you chose to swim with sharks it’s best not to be a tuna!
By mrtmudd on Aug 4, 2009 | Reply
Many banks and lending institutions made the original loans and money, then sold them. The government bought most and they will be the one losing money. Don’t think they will lose it alone though. Taxes will help. The real money makers were the Real Estate agents. High commissions and no loss when this all goes down. Of course they aren’t making much money now.
By ctown on Aug 7, 2009 | Reply
The people arent making their payments the people arent making their payments the people who did take in 2005 had hand in this many companies who did take in 2005 had hand in 2005 had hand in an unusual amount of mortgage and appraisal fraud by no.
An unusual amount of mortgage companies who did take in regards to name few in this mess are losing money now not lot of mortgage brokers real estate agents and appraisers to name few in regards to name few in regards to these individuals and appraisal fraud by no means is getting free pass on this many.
The people who did take in an unusual amount of profits peaking in this many companies hiring nowadays no means is anyone getting free pass on this mess are losing money now not lot of profits peaking in 2005 had hand in 2005 had hand.
The people who did take in this many companies hiring nowadays no means is anyone getting free pass on this mess are mortgage companies who did make money now not lot of profits peaking in an unusual amount of profits peaking in regards to name few.