Foreclosure Lifeline
A question about Obama’s $75 billion lifeline to homeowners?
Ok, I agree that a lot of these homeowners on the brink of foreclosure might need some assistance but what about those people who didn’t overextend themselves and take out a mortgage larger than they could afford (even though they qualified) and who make their monthly payments on time but pinch and cut back in other areas so that they can afford that payment and not lose their home. Where is the assistance for these people?
Any thoughts? Didn’t mean for that to be so long. Sorry.
I too would rather see the money go to the homeowners but there are a lot of homeowners out there who were just irresponsible about it. Not everyone, mind you. And I understand that there are alot of people who have lost jobs and therefore can’t afford their mortgage.
I do not agree with this. People who messed up at closing due not deserve a bailout. This is so retarded. I think they need to learn from their mistakes. I bust my As* to get what i have and i pay attention to what i sign and buy. This idiots who got approved for 400,000.00 should know better to take it if they only make 30,000 a year. Its not the banks fault they allow money to be lent out. Its the same thing for credit cards. Its the buyers responsibility to know their own limit and what is good for them. MY TAX MONEY should not be helping these idiots out. If i could kick every single one of these morons in there mouth i would. And i hate when homeowners say “well there is a lot of documents at closing”. That makes them sound even more retarded. They need to read the fine print. Shoot get your lawyer to review it with you. I hate Obama for helping these clowns out. He needs to stop trying to be robin hood. If you are a homeowner that is having problems making your mortgage because you signed more for what you could afford (and no im not talking about people who lost their job and cant afford the mortgage, this does not apply to you) but you other idiots i hate you. You need to repay me back for the irresponsible moves you made in life.
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Fending off foreclosure: lenders and investors are perfecting ways to throw lifelines to borrowers whose loans are heading for trouble.: An article from: Mortgage Banking $5.95 This digital document is an article from Mortgage Banking, published by Mortgage Bankers Association of America on November 1, 1990. The length of the article is 1974 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Citat… |
