jump to navigation

Subprime Mortgage Fraud Classic January 15, 2009

Posted by tkcollier in Economy & Business, Humor, philosophy & politics.
trackback

Marvene Halterman of Avondale, Ariz. At age 61, after 13 years of uninterrupted unemployment and at least as many years of living on welfare, she got a mortgage.

She got that mortgage less than two years ago. She got it even though at one time she had 23 people living in the house (576 square feet, one bath) and some ramshackle outbuildings. She got it for $103,000, an amount that far exceeded the value of the house. The place has since been condemned. (Click on link below for the story)

Marvene’s Subprime Mo

rtgage Fraud.

Comments»

No comments yet — be the first.

Leave a Reply

%d bloggers like this: