HomeGuide123: Top 5 Ridiculous Mortgage Borrower Stories of 2007
It's a fantastic recap for those of you who were passed-out drunk during most of 2007. Topping their list is everyone's favorite blogging dartboard, Casey Serin, whose tale I guiltily followed for a while.
I was also somewhat familiar with the second story on their list — that of a $15k per year California fruit-picker who was able to qualify for and close on a mortgage on a $720k home. If I didn't know before that this whole mortgage situation was gonna go down in flames, I knew it then.
As for the rest of the stories listed, well, their respective subjects all qualified for Financial Dumbass Honors. Somebody wake me when all this is over.
If we still have a solvent banking system, that is.
Labels: Mortgages
