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Thank you
but there's one thing that is not said: how did the lady lose her home? what kind of mortgage (or mortgauge) did she have?
I've been looking in the media -traditional and alternative- for the last five months for these -I would say- vital pieces of information, maybe in the form of tables, graphs, stats rather than opinions and I mean:
what was the most common reason for default?
what was the most common scam?
what was the percentage of defaults related to lender's fraud and the one of borrower's fraud? (I'd like to know this one in particular, as republicans keep on blaming the whole thing on "irresponsible home-owners" who defrauded all these poor, poor banks...)
what are the percentages of defaults by home-owners and developers/house-flippers?
how did the mortgauge brokers made their profits?
can you direct me to some site providing this info and tell me why I couldn't see it around?
v.garbarino
Just my opinion.
Thanks
poly banger
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