https://4closurefraud.org/2016/09/01/not-the-onion-squeaky-clean-loans-lead-to-near-zero-borrower-defaults-and-that-is-not-a-good-thing/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Thu, 04 Dec 2025 18:36:04 +0000 hourly 1 https://wordpress.org/?v=7.0.3 https://4closurefraud.org/2016/09/01/not-the-onion-squeaky-clean-loans-lead-to-near-zero-borrower-defaults-and-that-is-not-a-good-thing/#comment-665147 Fri, 02 Sep 2016 12:16:25 +0000 https://4closurefraud.org/?p=65324#comment-665147 From my vantage point , scrubbed clean loans means , not manipulated by a secret contract taking place funded another way with your ” fake Lender ” acting as a servicer of the money streams created by those contract made behind your back and without your permission !!! You have two totally different circumstances happening between 08 and 2016 …..

]]> https://4closurefraud.org/2016/09/01/not-the-onion-squeaky-clean-loans-lead-to-near-zero-borrower-defaults-and-that-is-not-a-good-thing/#comment-665111 Fri, 02 Sep 2016 03:11:25 +0000 https://4closurefraud.org/?p=65324#comment-665111 there are good reason defaults are dow and I am seeing 100% loans and some not so squeaky again. However, I sold a house last week. Price $55,000. Her note even with PMI, taxes and insurance was below $500. She was paying over $700 rent for an apartment so she is sitting pretty.. Her interest rate on FHA was 3.5. We didn’t have that in 2006-2008. We had inflated values, interest rates above 6% or whatever the market would bear, not to mention unscrupulous mortgage brokers who ‘sold;out’ home-buyers for a kick back ARM, interest only loans and piggy back loans with with bubble notes when 100% was available and would have been better. Excuse for high 2nds.. Predatory loans. So yes there are sensible buyers but their alternative is high rent off the charts or live with family! Most buyers now are younger first time buyers with double incomes and little bad history. High-end buyers taking advantage of low rates and their old houses rising up out of their underwater status. Buyers are being careful too, some buying under their limits. My buyer could easily qualify for $90K+ .
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