Bad Credit? Have We Got a Mortage for You…

From Giovanni Diviacchi:

My wife and I want to buy a house, but we found that the only mortgage that we were eligible for was a new product called a Late Payment Mortgage.  It's for people with really bad credit.  The bank gives you a lower interest rate if you let them begin foreclosure proceedings at the closing table.

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Giovanni Diviacchi is a business analyst and stand-up comedian in  Washington, D.C.

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