2009-04-06ajc.com

`` Some city leaders believe risky lending practices by some banks and companies are responsible for the rising number of foreclosures in Atlanta — thereby creating several problems for City Hall — and would hire a law firm to investigate the city’s legal options.''



Comments:

mortgagemess at 22:44 2009-04-07 said:
Don't forget to look at those mortgage brokers that were greedy and put borrowers in ARM loans when they could have QUALIFIED for a fixed rate loan! And they did it simply based on commission and greed(not saying all brokers are like that.) But since they are licensed by the state, borrowers should have their files examined and see if they could have qualified for a fixed rate at the time and if so they did, they should SUE the broker personally, have criminal charges brought up against them and request by the state that the license be taken away. Permalink

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