Tuesday, June 5, 2007

AP: MORTGAGE SCAM LEGAL IN USA: RENTED FICO SCORES !




Ripleys "believe it or not". It's legal in America to buy a great credit score and get a huge mortgages which are then sold to foreign suckers like European banks,Asian investors and pension plans world wide (even american ones). Fico , US regulators and banks know all about it but don't give a damn cause the risky mortgages are unloaded onto gullible foreigners and pension plans.
Sources:
http://www.washingtonpost.com/wp-dyn/...

http://news.search.yahoo.com/search/n...
http://www.insidebayarea.com/trivalle...

http://instantcreditbuilders.com/

http://www.examiner.com/a-761421~_Pig...

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