Posted by
Gavin Brazg at 12:10 on 20 Dec 2007
Are UK Mortgage Brokers as Bad as their Cousins in the USA?
Over the last couple of weeks we’ve been taking a look at the US credit crisis and how
that’s going to affect us over here in Blightly.
In a nutshell, the whole kerfuffle has been caused by unscrupulous US mortgage brokers
preying on low-income families with scams ranging from hidden fees to extortionate rate
changes.
The scale of the miss-selling epidemic is only just beginning to emerge. What’s truly