Over interest rate paid for mortgage, stating that it’s outside the survey guidelines. I think it’s petty. If you want to file a complaint, file it about Dingy Harry’s land deals.
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You probably wouldn’t think it petty if you were one of those people getting burned by balloon rate increases.
It’s not just petty, it’ incomplete. The Obama’s took out a second of $250K some five months after purchase, raising the total LTV to 97%. Northern Trust wrote the second as well as the first. That type of second should be carrying a 7-8% rate. Obama’s disclosure of the rate on the first just lifts the edge of the rug. It doesn’t uncover that big ugly lump right in the middle.
– Hey. the guys paying for Rezco’s landscapping while hes on “vacation”. Cut him some slack already.