California has been hit hard with defaults and a declining real estate market .

Use to be arson investigators looked at your financial records to see if you had a reason to torch your own home .

Well the mortgage companies stand to recoup billions of dollars in this fire .

Is anyone looking at them .

they know it was started by a teenager. however, i am sure we will see plenty of conspiracy crap about this.

Excellent question. Maybe they are...
Amazing to think that people who make millions of dollars a year have MORTGAGES. Like Brittany Spears.
It's rediculous. There is absolutely no reason that I can think of for someone who makes 3/4 millions dollars a MONTH to have a mortgage.

Boy! You are a troublemaker! I bet no one even thought of that scenario! That would be a heck of a bizarre twist to all this...

It's a real possibility those people are going broke too!

People who live in Malibu arent the ones defaulting on their loans. Detroit would be a better place to torch.

BTW, Question, there are people who have mortgages because there are tax benefits to doing so.

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