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January 8, 2009 at 9:27 AM #14785January 8, 2009 at 9:43 AM #325836
jpinpb
ParticipantHow long are they going to drag this out? How many extensions? Can people just default on their loan and live in it for free for the next 5 years?
January 8, 2009 at 9:43 AM #326348jpinpb
ParticipantHow long are they going to drag this out? How many extensions? Can people just default on their loan and live in it for free for the next 5 years?
January 8, 2009 at 9:43 AM #326177jpinpb
ParticipantHow long are they going to drag this out? How many extensions? Can people just default on their loan and live in it for free for the next 5 years?
January 8, 2009 at 9:43 AM #326265jpinpb
ParticipantHow long are they going to drag this out? How many extensions? Can people just default on their loan and live in it for free for the next 5 years?
January 8, 2009 at 9:43 AM #326247jpinpb
ParticipantHow long are they going to drag this out? How many extensions? Can people just default on their loan and live in it for free for the next 5 years?
January 8, 2009 at 10:06 AM #326256cr
ParticipantThis may help people affected by job loss, assuming they can get a new job at equal pay digging a ditch for Obama.
For the droves of speculators who thought they struck gold when they bought a house in the last 5 years however, it will only delay the inevitable and force banks to take a larger loss when they have to write down the principle.
I’m starting to wonder if Washington will ever figure out price declines and foreclosures ARE the solution, not stopping them.
January 8, 2009 at 10:06 AM #326358cr
ParticipantThis may help people affected by job loss, assuming they can get a new job at equal pay digging a ditch for Obama.
For the droves of speculators who thought they struck gold when they bought a house in the last 5 years however, it will only delay the inevitable and force banks to take a larger loss when they have to write down the principle.
I’m starting to wonder if Washington will ever figure out price declines and foreclosures ARE the solution, not stopping them.
January 8, 2009 at 10:06 AM #326275cr
ParticipantThis may help people affected by job loss, assuming they can get a new job at equal pay digging a ditch for Obama.
For the droves of speculators who thought they struck gold when they bought a house in the last 5 years however, it will only delay the inevitable and force banks to take a larger loss when they have to write down the principle.
I’m starting to wonder if Washington will ever figure out price declines and foreclosures ARE the solution, not stopping them.
January 8, 2009 at 10:06 AM #326187cr
ParticipantThis may help people affected by job loss, assuming they can get a new job at equal pay digging a ditch for Obama.
For the droves of speculators who thought they struck gold when they bought a house in the last 5 years however, it will only delay the inevitable and force banks to take a larger loss when they have to write down the principle.
I’m starting to wonder if Washington will ever figure out price declines and foreclosures ARE the solution, not stopping them.
January 8, 2009 at 10:06 AM #325846cr
ParticipantThis may help people affected by job loss, assuming they can get a new job at equal pay digging a ditch for Obama.
For the droves of speculators who thought they struck gold when they bought a house in the last 5 years however, it will only delay the inevitable and force banks to take a larger loss when they have to write down the principle.
I’m starting to wonder if Washington will ever figure out price declines and foreclosures ARE the solution, not stopping them.
January 8, 2009 at 10:12 AM #326197arnie
ParticipantI wonder if the banks are simply saturated with foreclosures and can’t process any more even if they wanted to. Does anyone have any first hand knowledge of whatever department handles foreclosures for banks?
January 8, 2009 at 10:12 AM #326266arnie
ParticipantI wonder if the banks are simply saturated with foreclosures and can’t process any more even if they wanted to. Does anyone have any first hand knowledge of whatever department handles foreclosures for banks?
January 8, 2009 at 10:12 AM #326285arnie
ParticipantI wonder if the banks are simply saturated with foreclosures and can’t process any more even if they wanted to. Does anyone have any first hand knowledge of whatever department handles foreclosures for banks?
January 8, 2009 at 10:12 AM #325856arnie
ParticipantI wonder if the banks are simply saturated with foreclosures and can’t process any more even if they wanted to. Does anyone have any first hand knowledge of whatever department handles foreclosures for banks?
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