OpEdNews.com has a harrowing article about mortgage fraud and the potential harm it could cause the entire economy. It offers some great information from Ed Rybczynski of the Title-Opoly blog. The article places the blame on everyone in the industry for contributing to the fraud including title companies. It is a good read and a fair warning to those who would put short term benefits in front of long term success and stability.
Friday, December 14, 2007
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1 comments:
Great article. It’s probably one of the most honest assessments of the industry that I've read.
It's just unfortunate that it has taken so long for this stuff to surface. And I'm afraid that the worst is yet to come.
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