Friday, June 3, 2011

SOOO Wrong

Banks and other lenders are now extending credit to a surprising group of customers: former homeowners who defaulted on their mortgages, borrowers who have defaulted on their mortgages -- but are current on all other loans -- are among the attractive candidates for new loans.
http://www.smartmoney.com/borrow/home-loans/for-mortgage-defaulters-more-loans-for-the-taking-1306875641051/#printMode