34% of homeowners with mortgages don't know what kind they have!!!!!!!!

Foreclosures, Short Sales, Tax Foreclosures
1

Gfk Roper just conducted a survey of homeowners with mortgages and 34% reported they had no idea what kind they had.

34%
34%
34%

Does anyone wonder why we’re having a meltdown in sub-prime?
Holy crap I knew the majority of people are stupid but this defies logic.

CASH IS KING
CASH IS KING

GET READY TO BUY!!!

2

I have a blue one! At least that’s what they told me…

Keith

3

It also doesn’t say much about the lenders/brokers who actually gave out those loans, and couldn’t be bothered to fully explain them.