Now you don’t even have to ask for a loan mod

[EconProf]

If we can step down from the anger we all feel from the bubble and its inevitable popping, there may be a degree of resolution and, almost, justice in this outcome.
It’s been said that the whole mania involved stupid lenders making stupid loans to stupid people. Here the borrower is going to suffer since he is coughing up a lot of money from foolishly buying into the bubble mentality and is presumably a net loser even after paying only 25% of his 2d. The foolish lender will really take a haircut, and we piggs are happy to see he presumably did not sell the loan. And if he bought it from the originator he still deserves his fate for lack of due diligence.
Correct me if I am wrong, but don’t see any taxpayer money involved here. It is just possible that the guilty/foolish parties are the losers.

[sobmaz]

If our Government, our Beserk Government is successful in altering the housing market, there will be repercussions.

Gold will too go Beserk if our Beserk Government stamps out the free market.

Gold will always be a barbarous relic only as long as Government acts semi responsible and allows the free market to flow. On the other hand if our Government acts totally irresponsible and tries to crush the free market, Gold will be King!

Thank God in 2002 I saw that Gold was beginning to awaken to the NUT cases in Washington who control the worlds reserve currency. I just didn’t have a clue at how fast they would take us down. There is still disbelief in the markets and people actually think there is hope that our elected leaders will once again act as responsible stewards of the Worlds Reserve Currency.

FAT CHANCE!

Get out of Gold if you think responsibility and restraint is coming to Washington. Run to Gold if you think our Politicians are only thinking of themselves.

[sobmaz]

If our Government, our Beserk Government is successful in altering the housing market, there will be repercussions.

Gold will too go Beserk if our Beserk Government stamps out the free market.

Gold will always be a barbarous relic only as long as Government acts semi responsible and allows the free market to flow. On the other hand if our Government acts totally irresponsible and tries to crush the free market, Gold will be King!

Thank God in 2002 I saw that Gold was beginning to awaken to the NUT cases in Washington who control the worlds reserve currency. I just didn’t have a clue at how fast they would take us down. There is still disbelief in the markets and people actually think there is hope that our elected leaders will once again act as responsible stewards of the Worlds Reserve Currency.

FAT CHANCE!

Get out of Gold if you think responsibility and restraint is coming to Washington. Run to Gold if you think our Politicians are only thinking of themselves.

[sobmaz]

If our Government, our Beserk Government is successful in altering the housing market, there will be repercussions.

Gold will too go Beserk if our Beserk Government stamps out the free market.

Gold will always be a barbarous relic only as long as Government acts semi responsible and allows the free market to flow. On the other hand if our Government acts totally irresponsible and tries to crush the free market, Gold will be King!

Thank God in 2002 I saw that Gold was beginning to awaken to the NUT cases in Washington who control the worlds reserve currency. I just didn’t have a clue at how fast they would take us down. There is still disbelief in the markets and people actually think there is hope that our elected leaders will once again act as responsible stewards of the Worlds Reserve Currency.

FAT CHANCE!

Get out of Gold if you think responsibility and restraint is coming to Washington. Run to Gold if you think our Politicians are only thinking of themselves.

[sobmaz]

If our Government, our Beserk Government is successful in altering the housing market, there will be repercussions.

Gold will too go Beserk if our Beserk Government stamps out the free market.

Gold will always be a barbarous relic only as long as Government acts semi responsible and allows the free market to flow. On the other hand if our Government acts totally irresponsible and tries to crush the free market, Gold will be King!

Thank God in 2002 I saw that Gold was beginning to awaken to the NUT cases in Washington who control the worlds reserve currency. I just didn’t have a clue at how fast they would take us down. There is still disbelief in the markets and people actually think there is hope that our elected leaders will once again act as responsible stewards of the Worlds Reserve Currency.

FAT CHANCE!

Get out of Gold if you think responsibility and restraint is coming to Washington. Run to Gold if you think our Politicians are only thinking of themselves.

[sobmaz]

If our Government, our Beserk Government is successful in altering the housing market, there will be repercussions.

Gold will too go Beserk if our Beserk Government stamps out the free market.

Gold will always be a barbarous relic only as long as Government acts semi responsible and allows the free market to flow. On the other hand if our Government acts totally irresponsible and tries to crush the free market, Gold will be King!

Thank God in 2002 I saw that Gold was beginning to awaken to the NUT cases in Washington who control the worlds reserve currency. I just didn’t have a clue at how fast they would take us down. There is still disbelief in the markets and people actually think there is hope that our elected leaders will once again act as responsible stewards of the Worlds Reserve Currency.

FAT CHANCE!

Get out of Gold if you think responsibility and restraint is coming to Washington. Run to Gold if you think our Politicians are only thinking of themselves.

[capeman]

The standing line of thought in this country for the last 20 years.

“Fraud and theft are not against the law if you are in the majority or in public office.”

These people shouldn’t be allowed to have children. They are just breeding more of a criminal welfare state that is totally fine with stealing from the fellow taxpayer as long as they get their 2500 sqft house, SUV and toys at our expense.

[capeman]

The standing line of thought in this country for the last 20 years.

“Fraud and theft are not against the law if you are in the majority or in public office.”

These people shouldn’t be allowed to have children. They are just breeding more of a criminal welfare state that is totally fine with stealing from the fellow taxpayer as long as they get their 2500 sqft house, SUV and toys at our expense.

[capeman]

The standing line of thought in this country for the last 20 years.

“Fraud and theft are not against the law if you are in the majority or in public office.”

These people shouldn’t be allowed to have children. They are just breeding more of a criminal welfare state that is totally fine with stealing from the fellow taxpayer as long as they get their 2500 sqft house, SUV and toys at our expense.

[capeman]

The standing line of thought in this country for the last 20 years.

“Fraud and theft are not against the law if you are in the majority or in public office.”

These people shouldn’t be allowed to have children. They are just breeding more of a criminal welfare state that is totally fine with stealing from the fellow taxpayer as long as they get their 2500 sqft house, SUV and toys at our expense.

[capeman]

The standing line of thought in this country for the last 20 years.

“Fraud and theft are not against the law if you are in the majority or in public office.”

These people shouldn’t be allowed to have children. They are just breeding more of a criminal welfare state that is totally fine with stealing from the fellow taxpayer as long as they get their 2500 sqft house, SUV and toys at our expense.

[Rt.66]

Maybe you could post this letter with the name XXXed out before the realtor gets too excited.

We have all heard about loan rework outfits fishing for business with creative direct mail presentations. The OP’s example sounds exactly like one of those letters.

I disagreed with the realtor that this was happening a lot, its not and we all know it.

If it was happening in mass occurances we’d all know about it and not thru a friends, friend got a letter and I heard it says blank-blank stories or lame pump monkey tactics.

Geez!

[Rt.66]

Maybe you could post this letter with the name XXXed out before the realtor gets too excited.

We have all heard about loan rework outfits fishing for business with creative direct mail presentations. The OP’s example sounds exactly like one of those letters.

I disagreed with the realtor that this was happening a lot, its not and we all know it.

If it was happening in mass occurances we’d all know about it and not thru a friends, friend got a letter and I heard it says blank-blank stories or lame pump monkey tactics.

Geez!

[Rt.66]

Maybe you could post this letter with the name XXXed out before the realtor gets too excited.

We have all heard about loan rework outfits fishing for business with creative direct mail presentations. The OP’s example sounds exactly like one of those letters.

I disagreed with the realtor that this was happening a lot, its not and we all know it.

If it was happening in mass occurances we’d all know about it and not thru a friends, friend got a letter and I heard it says blank-blank stories or lame pump monkey tactics.

Geez!

[Rt.66]

Maybe you could post this letter with the name XXXed out before the realtor gets too excited.

We have all heard about loan rework outfits fishing for business with creative direct mail presentations. The OP’s example sounds exactly like one of those letters.

I disagreed with the realtor that this was happening a lot, its not and we all know it.

If it was happening in mass occurances we’d all know about it and not thru a friends, friend got a letter and I heard it says blank-blank stories or lame pump monkey tactics.

Geez!

[Author]

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