[quote=pemeliza]Say it isn’t so Joe also don’t you know wink nod wink
” The borrower, who lives in suburban Los Angeles, took nearly $200,000 in cash out of his house and then paid less than the monthly interest due on his new loan.
He now owes about $350,000 on a house that is worth only $150,000. He asked not to be identified for fear he would not get a modification, which could reduce his mortgage to $142,500.”
[/quote]
I want my $200,000 free money from the government too!
Or just a $200,000 house for free. That would work as well.
