Aug
8
What is the impact of a bank turning your commercial loan over to the managed assets division?
Filed Under Corporations | 2 Comments
poor man needs help asked:
good company, owners going through a divorce. 17 million in sales, profits dropping last couple years. All bills paid on time.
BUFORD
good company, owners going through a divorce. 17 million in sales, profits dropping last couple years. All bills paid on time.
BUFORD
Jun
2
Why do businesses like home mortgage(CountryWide) lead money to people who can not pay it back?
Filed Under Corporations | 3 Comments
smbrpcv asked:
From the news media, there are a lot of home foreclosures from mortgage companies such as Countrywide. The employees who write these loans have business degrees and experience in home mortgages yet they go ahead and create and approve loans that can’t be repaid! Can anyone explain to me why would any business do something like this?
KRIS
From the news media, there are a lot of home foreclosures from mortgage companies such as Countrywide. The employees who write these loans have business degrees and experience in home mortgages yet they go ahead and create and approve loans that can’t be repaid! Can anyone explain to me why would any business do something like this?
KRIS