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Loan Modification

: Loan Modification & Home Loan News

Beware of Mail and Phone Mortgage Sales Pitches

By Moe Bedard

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Behavioral economist Dan Ariely explains the phenomenon this way: “If you think about it, people are quite trusting.” There are “wonderful things about this trust,” the Duke University professor said Thursday. But as recent history shows, the human tendency to believe isn’t necessarily a plus when it comes to mortgages or real estate. This, dear readers, is [...]

Full post as published by Loan Modification & Home Loan News on May 28, 2010 (boomark / email).

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