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Re: LMAOOOOOO HousingWire reports Carrington Mortgage Services launches subprime lending program. 

By: Decomposed in POPE IV | Recommend this post (1)
Wed, 04 Apr 18 8:41 PM | 77 view(s)
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Msg. 46470 of 47202
(This msg. is a reply to 46466 by nacl01)

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nacl:

Re: “If that isn't a recipe for disaster I don't know what it is.”

What's the catch? You get evicted if your equity ever falls to zero?




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
Re: LMAOOOOOO HousingWire reports Carrington Mortgage Services launches subprime lending program.
By: nacl01
in POPE IV
Wed, 04 Apr 18 7:13 PM
Msg. 46466 of 47202

they all got creative and came up with toxic things

I recently heard an ad for a program for people 62 and over where they can buy a home and combine it with a reverse mortgage and the person buying the house has NO MONTHLY PAYMENTS. If that isn't a recipe for disaster I don't know what it is.

nacl


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