This episode features hosts Joshua Dorkin & Charles Feldman talking about predatory lending and how lenders won’t work with borrowers regarding pre-payment penalties unless they fall behind on their loan. The topic hits home with Josh and he tells Countrywide how he really feels about it.
Related posts:
- The BiggerPockets Real Estate Show (sort of): Episode 2
- The BiggerPockets Real Estate Show (sort of): Episode 3
- Nation’s Largest Lender to Slash 12,000 Jobs
- Episode 2 of Flipper Nation Debuts
- Episode 3 of Flipper Nation: The Flippin’ Fight
Got questions about this or other real estate topics? Ask on the BiggerPockets Forums.
Article Author: Joshua DorkinJoshua has written 570 articles for us.
Visit Joshua's Website: http://www.biggerpockets.com/
Joshua Dorkin (@jrdorkin) is the founder and CEO of BiggerPockets.Mr. Dorkin's vision for BiggerPockets has helped to propel it into becoming one of the top real estate destinations online. His vision for the site and its future has brought national press attention to both Mr. Dorkin and to BiggerPockets.
Joshua Dorkin
{ 5 comments… read them below or add one }
Did you file a complaint against the broker/lender that stuck you with a pre-pay penalty?
Jason Berman’s last blog post: How to Shop for Mortgages in Colorado during a “Vacation Week”
I’m definitely open to taking you up on that! Email me Connie!
Connie–I have no problems with you working with Josh…but the fact that you would permit him to squeeze the duckie’s head does raise concerns about character.
The duck is a vital part of our production plans–in fact, the duck writes most of the material and Josh and I simply mouth the words.
Squeezing the duck’s head would stifle the duck’s crativity, I believe.
So, suggesting that you would permit Josh to squeeze its head, is almost Cheney like in the horrors it would bring about!
Therefore, I must claim the duck as my own and have it placed under the wings (sorry) of some duck-caring agency.
charles’s last blog post: Obama and Social Security/Medicare Cuts?
By the way, Connie, should you ever be in L.A., stop by, I make a mean roast duck!
charles’s last blog post: Obama and Social Security/Medicare Cuts?
Would that be Dick from Dick and Rich?