Here we go again. Freddie Mac is out lumping legitimate resale transactions in with the fraudulent ones in order to deflect accountability for its massive loan losses due to buying loans it had to know were bogus. I’m tired of exposing their fallacies and lack of effective reasoning, but apparently they aren’t tired of exposing themself. Maybe […]
Archive for September, 2010
Flip, Flop or Hold – A Tale of Three Myths
There’s a lot of discussion and warnings in residential real estate circles regarding various forms of “short sale fraud.” Unfortunately, too much of it neglects realistic market analysis and results in labeling legitimate business practices as “fraud.” Usual disclaimer: this is a lengthy post because it provides in-depth analysis of complex issues. It’s not just […]
