The Mortgage Curmudgeon, “To prevent one foreclosure by tightening standards, we prevent a larger number of successful loans.”
He is big on pointing out everything wrong with the mortgage industry so I believe him when he says this.
June 25, 2007 by Realtor John Wake
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John Wake
Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.
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