Foreclosure freeze conspiracy theory

[ctr70]

Yes penalize the banks for making some mistakes on documents. But I hope this country doesn’t continue to reward the idiots who signed up for more house than they could afford buy reducing their principles or giving them their homes back after foreclosure, and then continue to penalize people who PAY their bills and/or did NOT sign up for the $5,000/mo payment back in 2005 by keeping cheap homes off the market that they should be able to buy right now.

I’m so sick of homeowners blaming it on everyone but themselves for signing up for a payment they can’t afford. This whole new culture (encouraged by the Government) of blaming everyone but yourself and trying to weasal out of stuff on technicalities sickens me. Zero personal responsibility left.

Let’s get back to the 2 choices it’s always been, either pay your mortgage that you signed up for, or send the keys back to the bank and get out of the house. If you don’t pay, you should get your butt booted out of the house (with steel toed boots).

[scaredyclassic]

but how does kicking people out of houses help us with our national goal of increasing growth and consumption at all (including the destruction of the very world we live in) costs. i suppose it helps to icnrease demand for good boots.

[scaredyclassic]

but how does kicking people out of houses help us with our national goal of increasing growth and consumption at all (including the destruction of the very world we live in) costs. i suppose it helps to icnrease demand for good boots.

[scaredyclassic]

but how does kicking people out of houses help us with our national goal of increasing growth and consumption at all (including the destruction of the very world we live in) costs. i suppose it helps to icnrease demand for good boots.

[scaredyclassic]

but how does kicking people out of houses help us with our national goal of increasing growth and consumption at all (including the destruction of the very world we live in) costs. i suppose it helps to icnrease demand for good boots.

[scaredyclassic]

but how does kicking people out of houses help us with our national goal of increasing growth and consumption at all (including the destruction of the very world we live in) costs. i suppose it helps to icnrease demand for good boots.

[Coronita]

[quote=Aecetia]Good night flu.[/quote]

Truth hurts doesn’t it? 🙂

[Coronita]

[quote=Aecetia]Good night flu.[/quote]

Truth hurts doesn’t it? 🙂

[Coronita]

[quote=Aecetia]Good night flu.[/quote]

Truth hurts doesn’t it? 🙂

[Coronita]

[quote=Aecetia]Good night flu.[/quote]

Truth hurts doesn’t it? 🙂

[Coronita]

[quote=Aecetia]Good night flu.[/quote]

Truth hurts doesn’t it? 🙂

[sdduuuude]

[quote=sdrealtor]… it could take as long as 10 years to get through this, that they will keep at it as they have been doing to work through all properties (what we refer to as shadow inventory) and that there will be no foreclosure tsunami.

My prediction for the RE is unchanged. We are in for a long period of stagnant/stable prices. No big ups or big downs.[/quote]

This makes alot of sense to me, but a less-volatile supply side suggests that we keep a more watchful eye on the demand side as an indicator of future direction.

Unemployment, health of small businesses, interest rates, loan availability, stock market (assuming people keep the money they save for a down payment in the market) and a few other things factor into this.

[sdduuuude]

[quote=sdrealtor]… it could take as long as 10 years to get through this, that they will keep at it as they have been doing to work through all properties (what we refer to as shadow inventory) and that there will be no foreclosure tsunami.

My prediction for the RE is unchanged. We are in for a long period of stagnant/stable prices. No big ups or big downs.[/quote]

This makes alot of sense to me, but a less-volatile supply side suggests that we keep a more watchful eye on the demand side as an indicator of future direction.

Unemployment, health of small businesses, interest rates, loan availability, stock market (assuming people keep the money they save for a down payment in the market) and a few other things factor into this.

[sdduuuude]

[quote=sdrealtor]… it could take as long as 10 years to get through this, that they will keep at it as they have been doing to work through all properties (what we refer to as shadow inventory) and that there will be no foreclosure tsunami.

My prediction for the RE is unchanged. We are in for a long period of stagnant/stable prices. No big ups or big downs.[/quote]

This makes alot of sense to me, but a less-volatile supply side suggests that we keep a more watchful eye on the demand side as an indicator of future direction.

Unemployment, health of small businesses, interest rates, loan availability, stock market (assuming people keep the money they save for a down payment in the market) and a few other things factor into this.

[sdduuuude]

[quote=sdrealtor]… it could take as long as 10 years to get through this, that they will keep at it as they have been doing to work through all properties (what we refer to as shadow inventory) and that there will be no foreclosure tsunami.

My prediction for the RE is unchanged. We are in for a long period of stagnant/stable prices. No big ups or big downs.[/quote]

This makes alot of sense to me, but a less-volatile supply side suggests that we keep a more watchful eye on the demand side as an indicator of future direction.

Unemployment, health of small businesses, interest rates, loan availability, stock market (assuming people keep the money they save for a down payment in the market) and a few other things factor into this.

[Author]

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