Town Square

Post a New Topic

"Creative Mortgage", Anyone?

Original post made by Wake-Up, another community, on Oct 11, 2008

The lastest issue of the Palo Alto Weekly saw a significant amount of content on real estate advertisement. One of the articles, apparently by Weekly staff, featured local mortgage loan professionals. In the article, there was recommendation of creative approaches to getting mortgage one would otherwise not able to get under the current credit crunch.

With respect to all involved, I feel it like offering poison to the sick. We are seeing the major index drop like a rock everyday for the past week, due to the exact same reason of blown up loans. How, in the world, would a serious newspaper like the Weekly, be putting up stuff like this? Yes everyone is free to offer advice and opinion. I just think this kind of strongly commercial articles hurt the credibility of the paper itself----who in the world would be eager to get a huge mortgage loan right now?!

BTW, why are the loan agents offering the advice selling their homes right now?

It is also an insult to the readers IMO...

Comments

There are no comments yet. Please share yours below.

Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.

Email:


Post a comment

Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online. Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information and opinion. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

We prefer that you use your real name, but you may use any "member" name you wish.

Name: *

Select your neighborhood or school community: * Not sure?

Comment: *

Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.

*Required Fields

Local picks on 2015 Michelin Bib Gourmand list
By Elena Kadvany | 6 comments | 3,426 views

Ode to Brussels Sprout
By Laura Stec | 20 comments | 2,617 views

Go Giants! Next Stop: World Series!
By Chandrama Anderson | 1 comment | 1,941 views

Politics: Empty appeals to "innovation"
By Douglas Moran | 9 comments | 1,377 views

It's Dog-O-Ween this Saturday!
By Cathy Kirkman | 2 comments | 400 views