An Inside Look At The Mortgage Industry
If you want to know why so many people with sub-prime loans are now in Bankruptcy, you may want to read the following article. The writer doesn't focus on bankruptcy, but she does expose a different side of the mortgage industry. The BusinessWeek writer, Mara Der Hovanesian just published this article about the truth behind the mortgage mess. How your loans were being pimped out behind your backs. You can read the article by clicking here.After reading the article, I'm shocked and appalled by the irrational behavior. I'm disgusted by the lack of oversight in this industry. This scenario was played out nationwide in order to sell mortgage products for some people to get rich. It is horrifying to read about our history and now see our future.
This post was submitted by Carmen Dellutri, Esq., founder of The Dellutri Law Group, P.A. Currently, the firm has offices in Port Charlotte, Fort Myers, and Naples and has expansion plans for Sarasota. Mr. Dellutri also sits on the Board of American Board of Certification. Mr. Dellutri is also one of the founders of the Bankruptcy Law Network, Debt Law Network, Credit Law Network, and Mortgage Law Network. Mr. Dellutri also writes for the firm's personal injury litigation blog.
