I’m burned out by this stuff. My sympathy reserves have been drained. Every deadbeat, fiscal mental midget, and pie in the sky dreamer now has a sob story.

On the way up, they were oracles with uncanny saviness. Now, the bubble unravels, they are all victims. Victims of the system, victims of bankers, victims of realtors, on and on.

The one person that never seems to get even a smidgen of blame is themselves. A victim of their own greed!

I’ve yet to see a story about personal responsiblity. You know, taking your lumps. Nobody is willing to point out that these people are leeches.

I’m burned out by this stuff. My sympathy reserves have been drained. Every deadbeat, fiscal mental midget, and pie in the sky dreamer now has a sob story.

On the way up, they were oracles with uncanny saviness. Now, the bubble unravels, they are all victims. Victims of the system, victims of bankers, victims of realtors, on and on.

The one person that never seems to get even a smidgen of blame is themselves. A victim of their own greed!

I’ve yet to see a story about personal responsiblity. You know, taking your lumps. Nobody is willing to point out that these people are leeches.

I’m burned out by this stuff. My sympathy reserves have been drained. Every deadbeat, fiscal mental midget, and pie in the sky dreamer now has a sob story.

On the way up, they were oracles with uncanny saviness. Now, the bubble unravels, they are all victims. Victims of the system, victims of bankers, victims of realtors, on and on.

The one person that never seems to get even a smidgen of blame is themselves. A victim of their own greed!

I’ve yet to see a story about personal responsiblity. You know, taking your lumps. Nobody is willing to point out that these people are leeches.

Nicely put creechrr

Nicely put creechrr

I understand how losing one’s job might qualify you for a short sale. But I don’t understand how it would qualify you for a mortgage modification. Short Sales are supposed to require hardship – and losing your job is a hardship. But you come out of it with NO HOUSE.

You need income in order to qualify for a loan or loan mod. If she’s lost her job and they can’t afford the mortgage with just her husband’s income how can she keep her house?

My friends who went through the short sale did so after the husband lost his job. (Wife is still employed) They were underwater AND took a huge income hit. But they didn’t try to keep a house they couldn’t afford anymore… they’ve joined the ranks of the renters.

This woman and her family should have pursued a short sale.

I don’t understand how people thing they should be able to keep a house they are not making payments on…

I understand how losing one’s job might qualify you for a short sale. But I don’t understand how it would qualify you for a mortgage modification. Short Sales are supposed to require hardship – and losing your job is a hardship. But you come out of it with NO HOUSE.

You need income in order to qualify for a loan or loan mod. If she’s lost her job and they can’t afford the mortgage with just her husband’s income how can she keep her house?

My friends who went through the short sale did so after the husband lost his job. (Wife is still employed) They were underwater AND took a huge income hit. But they didn’t try to keep a house they couldn’t afford anymore… they’ve joined the ranks of the renters.

This woman and her family should have pursued a short sale.

I don’t understand how people thing they should be able to keep a house they are not making payments on…