The big banks have found another way to circumvent the law and squeeze more money out of their debt slaves. Watch this report from CNBC:
http://www.cnbc.com/id/34877347
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It's pretty scary that big banks would encourage that type of thing; I'm sure eventually HUD will catch on to these kickbacks and put an end to it.
ReplyDeletebanks should not encourage this....
ReplyDeleteI totally agree with the other posts. Thanks for the video, but banks should not be doing this sort of thing. I'm glad you posted this... It'll give me something to pass along
ReplyDeleteWhy are we so hard on "big banks" when, given the opportunity, most of us would do the same thing...
ReplyDeleteRichard,
ReplyDeleteGreat comment. I guess it's an "us" vs. "them" thing.
Ted