I don’t understand how come the media seems to give a lot of mercy to the subprime borrowers???? They have bad credit and borrow with zero down. They have nothing to lose if their houses are being foreclosed. Some even filipped & cashed out a lot of money from their houses already. Eventally, we (responsible & honest renters) have to pay for some of the loss. These people have already inflated the housing market for us to suffer. It’s like stealing money from us. We have to speak up also and should not let them to take more advantages of us.
