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CA renter.
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March 31, 2011 at 3:42 PM #682289April 1, 2011 at 9:43 AM #683083
sdduuuude
Participant[quote=UCGal]It would kind of suck for them if they played by the rules for 2.5 years and still had the bank yank the cord.[/quote]
Wasn’t that the plan all along ? To me, the loan-mod push always seemed to be just a way to put off the inevitable.
Post-HAMP default rate was 50% or something like that at one point, for example.
“Keep them in their home” is a euphamism for “suck as much money out of them as possible before throwing them out.”
April 1, 2011 at 9:43 AM #682462Participant[quote=UCGal]It would kind of suck for them if they played by the rules for 2.5 years and still had the bank yank the cord.[/quote]
Wasn’t that the plan all along ? To me, the loan-mod push always seemed to be just a way to put off the inevitable.
Post-HAMP default rate was 50% or something like that at one point, for example.
“Keep them in their home” is a euphamism for “suck as much money out of them as possible before throwing them out.”
April 1, 2011 at 9:43 AM #683226Participant[quote=UCGal]It would kind of suck for them if they played by the rules for 2.5 years and still had the bank yank the cord.[/quote]
Wasn’t that the plan all along ? To me, the loan-mod push always seemed to be just a way to put off the inevitable.
Post-HAMP default rate was 50% or something like that at one point, for example.
“Keep them in their home” is a euphamism for “suck as much money out of them as possible before throwing them out.”
April 1, 2011 at 9:43 AM #682408Participant[quote=UCGal]It would kind of suck for them if they played by the rules for 2.5 years and still had the bank yank the cord.[/quote]
Wasn’t that the plan all along ? To me, the loan-mod push always seemed to be just a way to put off the inevitable.
Post-HAMP default rate was 50% or something like that at one point, for example.
“Keep them in their home” is a euphamism for “suck as much money out of them as possible before throwing them out.”
April 1, 2011 at 9:43 AM #683579Participant[quote=UCGal]It would kind of suck for them if they played by the rules for 2.5 years and still had the bank yank the cord.[/quote]
Wasn’t that the plan all along ? To me, the loan-mod push always seemed to be just a way to put off the inevitable.
Post-HAMP default rate was 50% or something like that at one point, for example.
“Keep them in their home” is a euphamism for “suck as much money out of them as possible before throwing them out.”
April 1, 2011 at 12:36 PM #682536CricketOnTheHearth
ParticipantHAMP to my mind always stood for “HAMPer market forces from acting naturally as much as possible.”
April 1, 2011 at 12:36 PM #682483ParticipantHAMP to my mind always stood for “HAMPer market forces from acting naturally as much as possible.”
April 1, 2011 at 12:36 PM #683159ParticipantHAMP to my mind always stood for “HAMPer market forces from acting naturally as much as possible.”
April 1, 2011 at 12:36 PM #683301ParticipantHAMP to my mind always stood for “HAMPer market forces from acting naturally as much as possible.”
April 1, 2011 at 12:36 PM #683656ParticipantHAMP to my mind always stood for “HAMPer market forces from acting naturally as much as possible.”
April 3, 2011 at 12:25 AM #683972CA renter
Participant[quote=sdrealtor]Dont know but the loan was up to nearly $1M. You’d need a pretty big income to qualify for that these days. Its unlikely they would have enough equity to sell and cover all costs anytime soon. Its enough already. Time for folks like that to see the writing on the wall and move on. They wont be destitute.[/quote]
Amen!
April 3, 2011 at 12:25 AM #682851Participant[quote=sdrealtor]Dont know but the loan was up to nearly $1M. You’d need a pretty big income to qualify for that these days. Its unlikely they would have enough equity to sell and cover all costs anytime soon. Its enough already. Time for folks like that to see the writing on the wall and move on. They wont be destitute.[/quote]
Amen!
April 3, 2011 at 12:25 AM #683618Participant[quote=sdrealtor]Dont know but the loan was up to nearly $1M. You’d need a pretty big income to qualify for that these days. Its unlikely they would have enough equity to sell and cover all costs anytime soon. Its enough already. Time for folks like that to see the writing on the wall and move on. They wont be destitute.[/quote]
Amen!
April 3, 2011 at 12:25 AM #683476Participant[quote=sdrealtor]Dont know but the loan was up to nearly $1M. You’d need a pretty big income to qualify for that these days. Its unlikely they would have enough equity to sell and cover all costs anytime soon. Its enough already. Time for folks like that to see the writing on the wall and move on. They wont be destitute.[/quote]
Amen!
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