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A perfect guides on mortgage loans.
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2 FaversViewed: 8 TimesQuoted: Over the last few months, I've been trying to educate myself on our financial crisis. To that end, I dropped in on a class at Yale that examined real estate finance and the roots of the federal government's involvement in the mortgage industry. "A lot of p
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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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