Mortgage banking numbers out of the UK for Sept showed a 27% decrease in new mortgage applications compared to last year. Consumers, who are obviously quite shaken by the credit crunch, have not been acquiring new mortgages as they have in the past.
The numbers reflect an international trend which can be seen through most of […]

Where does the line between what is morally correct and what is profitable begin? Currently, we are in the middle of a major loan crisis created by a lack of moral and ethical guidelines in the lender industry. This crisis was created by several different factors, but the most obvious of these factors are:

Mortgages were […]