CALIFORNIA FORECLOSURE REAL ESTATE MARKET CONDITIONS

[troybrownrigg]

Appraiers were at fault how does a home increase 300% over a four year period. Country wide found and exploited the flaw with FNM/FRE and sold every mortgage possble asap, at that point there was no risk to the lender as they wouldn't own the mortgage in a short period of time.Alot of people should be in jail.

[Ibuysellinvest]

THANKS BRO FOR THE INFO 

[USNDeepsea1991]

Can you please clearify your position. You want to get rid of the code of conduct?

[ShortSalesBuyers]

Absolutely. We don't need more government intervention. They are on a witch hunt to point fingers at the appraisers... saying they caused this bubble... instead of looking at the loose monetary policies.

On top of all of this... cause of appraisal has gone up because of the management companies... and guess who own these management companies? The same lender who are taking these losses.... can you say... another project channel?

[sprucepantherkmt]

@ShortSalesBuyers rofl ur such a terrible conman

[onewingedsky]

wow! what a eye opener. thanks for the info jeff.