this kind of attitude is either a 'very foolish bluff' or those lenders seriously believe that they can recoupe their money through confiscation of 'property money was lent for' in the first place...(so no price drops ? ? ?)
...although there is always a chance that if 'said' applicants pay for their own mortgage insurance...it really isn't the banks problem then, is it ?
(so they wouldnt give a flying fiddle if the price falls)
either way...irresponsible approach to bussines...
- Forums
- Property
- a loan for every man and his dog
a loan for every man and his dog, page-3
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online