financebeginner | Shared With: Everyone - Nov 09 2009 | Specialist Brokers, Mortgage Brokers, Credit Borrowers, risk, Bad Credit Mortgage, Death In The Family, High Street Bank, credit crunch, Subtle Differences, Bad PeopleThere is a lot of talk at the moment regarding the ‘credit crunch’ and how this affects mortgage borrowers, specifically borrowers with bad credit.
Borrowers with bad or adverse credit apply for what is publicly termed as an ‘adverse&...
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1 FaverViewed: 9 TimesQuoted: The Oregonian reported Friday morning that it obtained a copy of an internal JPMorgan Chase (“JPMC”) memo titled “Zippy Cheats & Tricks” that provides step-by-step instructions on how to enter false data into a loan approval system called ‘Zippy.’ (Hat tip to Calculated Risk.) In essence, an in-house guide to committing mortgage fraud. Here are pertinent excerpts of the Oregonian report:
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