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Mortgage World Update: Crisis Not Over Yet!

San Diego, California

An account and update on the world of the mortgage industry. The credit crunch is not over yet, but showing signs of improvement.

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Mortgage World Update: Crisis Not Over Yet!

October 2007

My Honest and Humble Opinion/Take on the Current Mortgage Crisis

Oct. 16, 2007
Cyrus Khadivi and his opinion on the mortgage crisis. A candid take on what caused this mortgage meltdown. Who is blame? Brokers, bankers, appraisers, agents, or the almighty ruling government?

Mortgage News - FIRST HAND ACCOUNT!

Oct. 11, 2007
Cyrus Khadivi and his first hand account of the brutal reality of the mortgage industry and its widespread affect on the innocent homeowners who simply wanted to pay their mortgage.

Recent Mortgage Transactions (GONE WRONG)

Oct. 7, 2007
Starred by: 1 Member
This is an actual example of a recent transaction gone wrong. Just when you thought having a 740 fico score, 100k in assets, and 20% down was enough....think again!!!! Wells Fargo, Flagstar, and the rest said NO!!!!