Quote:
Originally Posted by Pale Rider
I think we are all in agreement on most of this. The mortgage companies screwed up, and blaming a few people manipulating their score is laughable. I read some reports where lenders were getting people to sign blank papers, and then filling in numbers so there was no chance the loan would be turned down.
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And those people admitted to being so grateful to get that mortgage that they questioned nothing about the process at all. Those are the kind of people that should not ever have a mortgage. It's absolutely laughable what some of these mortgage companies did to questionably decent but naive people. But it is not something I as a tax payer should pay for nor is it attributable to purchased AU trade lines. It was an scam of those questionable mortgage companies to begin with.