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June 30, 2009 at 9:26 AM #423087June 30, 2009 at 9:36 AM #422358briansd1Guest
[quote=XBoxBoy] What about the example you set? What about the people that hear of this and will want that deal also?
[/quote]Perhaps there lies the lesson.
If everyone demands a deals, the banks will learn from it and not repeat the same mistakes again in the future. That would be to our collective benefit.
If homeowners lose their asses, perhaps the next generation will be more careful before signing-up for “lifetime opportunities”.
Remember, early humans living in the jungle would warn their kids “don’t touch that snake, don’t eat that berry.” The kids who wouldn’t listen didn’t live to adulthood to have their own progeny.
June 30, 2009 at 9:36 AM #422587briansd1Guest[quote=XBoxBoy] What about the example you set? What about the people that hear of this and will want that deal also?
[/quote]Perhaps there lies the lesson.
If everyone demands a deals, the banks will learn from it and not repeat the same mistakes again in the future. That would be to our collective benefit.
If homeowners lose their asses, perhaps the next generation will be more careful before signing-up for “lifetime opportunities”.
Remember, early humans living in the jungle would warn their kids “don’t touch that snake, don’t eat that berry.” The kids who wouldn’t listen didn’t live to adulthood to have their own progeny.
June 30, 2009 at 9:36 AM #422862briansd1Guest[quote=XBoxBoy] What about the example you set? What about the people that hear of this and will want that deal also?
[/quote]Perhaps there lies the lesson.
If everyone demands a deals, the banks will learn from it and not repeat the same mistakes again in the future. That would be to our collective benefit.
If homeowners lose their asses, perhaps the next generation will be more careful before signing-up for “lifetime opportunities”.
Remember, early humans living in the jungle would warn their kids “don’t touch that snake, don’t eat that berry.” The kids who wouldn’t listen didn’t live to adulthood to have their own progeny.
June 30, 2009 at 9:36 AM #422929briansd1Guest[quote=XBoxBoy] What about the example you set? What about the people that hear of this and will want that deal also?
[/quote]Perhaps there lies the lesson.
If everyone demands a deals, the banks will learn from it and not repeat the same mistakes again in the future. That would be to our collective benefit.
If homeowners lose their asses, perhaps the next generation will be more careful before signing-up for “lifetime opportunities”.
Remember, early humans living in the jungle would warn their kids “don’t touch that snake, don’t eat that berry.” The kids who wouldn’t listen didn’t live to adulthood to have their own progeny.
June 30, 2009 at 9:36 AM #423092briansd1Guest[quote=XBoxBoy] What about the example you set? What about the people that hear of this and will want that deal also?
[/quote]Perhaps there lies the lesson.
If everyone demands a deals, the banks will learn from it and not repeat the same mistakes again in the future. That would be to our collective benefit.
If homeowners lose their asses, perhaps the next generation will be more careful before signing-up for “lifetime opportunities”.
Remember, early humans living in the jungle would warn their kids “don’t touch that snake, don’t eat that berry.” The kids who wouldn’t listen didn’t live to adulthood to have their own progeny.
June 30, 2009 at 9:58 AM #422378Rt.66ParticipantStaying free in the house for 1 year to 18 months seems like the program now. Would any of us have thought this could ever happen? It’s like America has become bizzaro world.
The only people getting screwed are the ones who pay their rent or their mortgage as they don’t get to enjoy the luxury of an extra $2000-$5000 per month to play with. But they will share equally in the higher taxes that will pay for this largess.
Do you doubt that there will be a foreclosure forgiveness policy adpoted by banks after the dust settles?
It’s funny that you really don’t hear that much about it either. You’d think tens of thousands of CA mortgage holders living absolutely free for that long a period, unhassled, would be a popular nightly news topic introduced with dramatic music and attention getting footage of perps leaving $1 million dollar homes that they have not made a payment on in 16 months.
Now people are figuring ways to extend the free ride:
http://www.latimes.com/business/la-fi-cover-bankruptcy28-2009jun28,0,5985863,full.storyCan this end well?
June 30, 2009 at 9:58 AM #422607Rt.66ParticipantStaying free in the house for 1 year to 18 months seems like the program now. Would any of us have thought this could ever happen? It’s like America has become bizzaro world.
The only people getting screwed are the ones who pay their rent or their mortgage as they don’t get to enjoy the luxury of an extra $2000-$5000 per month to play with. But they will share equally in the higher taxes that will pay for this largess.
Do you doubt that there will be a foreclosure forgiveness policy adpoted by banks after the dust settles?
It’s funny that you really don’t hear that much about it either. You’d think tens of thousands of CA mortgage holders living absolutely free for that long a period, unhassled, would be a popular nightly news topic introduced with dramatic music and attention getting footage of perps leaving $1 million dollar homes that they have not made a payment on in 16 months.
Now people are figuring ways to extend the free ride:
http://www.latimes.com/business/la-fi-cover-bankruptcy28-2009jun28,0,5985863,full.storyCan this end well?
June 30, 2009 at 9:58 AM #422882Rt.66ParticipantStaying free in the house for 1 year to 18 months seems like the program now. Would any of us have thought this could ever happen? It’s like America has become bizzaro world.
The only people getting screwed are the ones who pay their rent or their mortgage as they don’t get to enjoy the luxury of an extra $2000-$5000 per month to play with. But they will share equally in the higher taxes that will pay for this largess.
Do you doubt that there will be a foreclosure forgiveness policy adpoted by banks after the dust settles?
It’s funny that you really don’t hear that much about it either. You’d think tens of thousands of CA mortgage holders living absolutely free for that long a period, unhassled, would be a popular nightly news topic introduced with dramatic music and attention getting footage of perps leaving $1 million dollar homes that they have not made a payment on in 16 months.
Now people are figuring ways to extend the free ride:
http://www.latimes.com/business/la-fi-cover-bankruptcy28-2009jun28,0,5985863,full.storyCan this end well?
June 30, 2009 at 9:58 AM #422949Rt.66ParticipantStaying free in the house for 1 year to 18 months seems like the program now. Would any of us have thought this could ever happen? It’s like America has become bizzaro world.
The only people getting screwed are the ones who pay their rent or their mortgage as they don’t get to enjoy the luxury of an extra $2000-$5000 per month to play with. But they will share equally in the higher taxes that will pay for this largess.
Do you doubt that there will be a foreclosure forgiveness policy adpoted by banks after the dust settles?
It’s funny that you really don’t hear that much about it either. You’d think tens of thousands of CA mortgage holders living absolutely free for that long a period, unhassled, would be a popular nightly news topic introduced with dramatic music and attention getting footage of perps leaving $1 million dollar homes that they have not made a payment on in 16 months.
Now people are figuring ways to extend the free ride:
http://www.latimes.com/business/la-fi-cover-bankruptcy28-2009jun28,0,5985863,full.storyCan this end well?
June 30, 2009 at 9:58 AM #423112Rt.66ParticipantStaying free in the house for 1 year to 18 months seems like the program now. Would any of us have thought this could ever happen? It’s like America has become bizzaro world.
The only people getting screwed are the ones who pay their rent or their mortgage as they don’t get to enjoy the luxury of an extra $2000-$5000 per month to play with. But they will share equally in the higher taxes that will pay for this largess.
Do you doubt that there will be a foreclosure forgiveness policy adpoted by banks after the dust settles?
It’s funny that you really don’t hear that much about it either. You’d think tens of thousands of CA mortgage holders living absolutely free for that long a period, unhassled, would be a popular nightly news topic introduced with dramatic music and attention getting footage of perps leaving $1 million dollar homes that they have not made a payment on in 16 months.
Now people are figuring ways to extend the free ride:
http://www.latimes.com/business/la-fi-cover-bankruptcy28-2009jun28,0,5985863,full.storyCan this end well?
June 30, 2009 at 10:04 AM #422393Rt.66ParticipantStaying free in the house for 1 year to 18 months seems like the program now. Would any of us have thought this could ever happen? It’s like America has become bizzaro world.
The only people getting screwed are the ones who pay their rent or their mortgage as they don’t get to enjoy the luxury of an extra $2000-$5000 per month to play with. But they will share equally in the higher taxes that will pay for this largess.
Do you doubt that there will be a foreclosure forgiveness policy adpoted by banks after the dust settles?
It’s funny that you really don’t hear that much about it either. You’d think tens of thousands of CA mortgage holders living absolutely free for that long a period, unhassled, would be a popular nightly news topic introduced with dramatic music and attention getting footage of perps leaving $1 million dollar homes that they have not made a payment on in 16 months.
Can this end well?
June 30, 2009 at 10:04 AM #422622Rt.66ParticipantStaying free in the house for 1 year to 18 months seems like the program now. Would any of us have thought this could ever happen? It’s like America has become bizzaro world.
The only people getting screwed are the ones who pay their rent or their mortgage as they don’t get to enjoy the luxury of an extra $2000-$5000 per month to play with. But they will share equally in the higher taxes that will pay for this largess.
Do you doubt that there will be a foreclosure forgiveness policy adpoted by banks after the dust settles?
It’s funny that you really don’t hear that much about it either. You’d think tens of thousands of CA mortgage holders living absolutely free for that long a period, unhassled, would be a popular nightly news topic introduced with dramatic music and attention getting footage of perps leaving $1 million dollar homes that they have not made a payment on in 16 months.
Can this end well?
June 30, 2009 at 10:04 AM #422897Rt.66ParticipantStaying free in the house for 1 year to 18 months seems like the program now. Would any of us have thought this could ever happen? It’s like America has become bizzaro world.
The only people getting screwed are the ones who pay their rent or their mortgage as they don’t get to enjoy the luxury of an extra $2000-$5000 per month to play with. But they will share equally in the higher taxes that will pay for this largess.
Do you doubt that there will be a foreclosure forgiveness policy adpoted by banks after the dust settles?
It’s funny that you really don’t hear that much about it either. You’d think tens of thousands of CA mortgage holders living absolutely free for that long a period, unhassled, would be a popular nightly news topic introduced with dramatic music and attention getting footage of perps leaving $1 million dollar homes that they have not made a payment on in 16 months.
Can this end well?
June 30, 2009 at 10:04 AM #422964Rt.66ParticipantStaying free in the house for 1 year to 18 months seems like the program now. Would any of us have thought this could ever happen? It’s like America has become bizzaro world.
The only people getting screwed are the ones who pay their rent or their mortgage as they don’t get to enjoy the luxury of an extra $2000-$5000 per month to play with. But they will share equally in the higher taxes that will pay for this largess.
Do you doubt that there will be a foreclosure forgiveness policy adpoted by banks after the dust settles?
It’s funny that you really don’t hear that much about it either. You’d think tens of thousands of CA mortgage holders living absolutely free for that long a period, unhassled, would be a popular nightly news topic introduced with dramatic music and attention getting footage of perps leaving $1 million dollar homes that they have not made a payment on in 16 months.
Can this end well?
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