Housing experts warn that the financial players involved — the investment funds, their intermediaries and certain FHA approved lenders — have a financial incentive to place as many loans as possible into the government’s hands. …
Continued here:
Wall St. profits Millions from Messy Mortgages
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Tags: experts-warn, FHA, FHA Approved Lenders, financial, financial incentive, government, intermediaries, investment, the-government, their-intermediaries
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From the Tea Parties which sprang to life last April, to the townhalls over the summer, to the voters in Virginia, New Jersey and Massachusetts, tens of millions of Americans have done their best to stop this power grab. ...