The Nightmare on ARM Street
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4:48
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Home owners were flat out lied to by the brokers. I sat in on 2 meetings between my daughter and the broker. We both have college degrees. She owns a business. She was told that her low payments were due to her having such a good credit rating and lots of assets. She was given choices of monthly payments and told that the smaller payments came with a higher interest (hmm OK). Nothing was said about the balance getting bigger. She refinanced at standard bank rates. Her neighbors could not
macpduff 2 years ago
Haha, nice title!
vinny1010 2 years ago