Mon, 04 Jun 2007

'Piggybacking' roils credit industry

Unbelievably creative. Unbelievably shady. It's real hard for me to feel anything resembling sorry for credit card and mortgage companies, but this really is beyond the pale.

AP - Only a low credit score stood between Alipio Estruch and a mortgage to buy a $449,000 Spanish-style house in Weston, Fla., a few miles west of Fort Lauderdale.


(link) [Yahoo! News: Top Stories]

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