It’s like having a free option – interesting thoughts by Larry Doyle. Plus check out my video selections – BC.
More Mortgage Lying – Larry Doyle – … Let’s turn the page as many mortgages are attempting to be modified. What do we learn? People are once again lying about their incomes, this time understating income in an attempt to have their mortgages modified to a lower level. … What does this mean? In plain English, if a person intentionally understates his income level (that is, lies about his income), he no longer needs to restart the mortgage modification process but merely continues from that point based upon verified income level. In essence, this waiver will promote people to lie about their income levels. Why? There is no downside to lying…. more … – Sense on Cents
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And now, two bizarre Youtube videos about lying. The first comes from a children’s TV program, and the second includes the ladies of Gilligan’s Island TV show.
