HUD Subpoenas 15 Mortgage Firms

I am only including this article because you have to be so careful of who you use to get a mortgage.  It isn’t all about the interest rate and many still and never will get that.  It is about closing the loan and making sure you are working with people who are looking out for your best interests.  We are going to see in a few years that many people who bought foreclosures and short sales are going to have liens on the property that they didn’t know about and have to pay themselves.  It can amount to 10’s of thousands of dollars. 

You get what you pay for in life.

http://online.wsj.com/article/SB126332446482826453.html?mod=rss_whats_news_us_business