Forum Replies Created
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David J
ParticipantI hope it actually happens, but am a bit doubtful.
ParticipantI hope it actually happens, but am a bit doubtful.
ParticipantI hope it actually happens, but am a bit doubtful.
ParticipantI hope it actually happens, but am a bit doubtful.
September 19, 2008 at 1:17 PM in reply to: So now the Feds are gonna clear out the Banks REO’s???? #272831ParticipantA friend of my mother, one of the most irresponsible people I know who is also within a few months of bankruptcy because of an inability to take more money out of her house, just withdrew the last remaining amount out of her HELOC even though she doesn’t need it right now because she wants it included in the amount that gets bailed out by the government. I am not making this up.
September 19, 2008 at 1:17 PM in reply to: So now the Feds are gonna clear out the Banks REO’s???? #273077ParticipantA friend of my mother, one of the most irresponsible people I know who is also within a few months of bankruptcy because of an inability to take more money out of her house, just withdrew the last remaining amount out of her HELOC even though she doesn’t need it right now because she wants it included in the amount that gets bailed out by the government. I am not making this up.
September 19, 2008 at 1:17 PM in reply to: So now the Feds are gonna clear out the Banks REO’s???? #273080ParticipantA friend of my mother, one of the most irresponsible people I know who is also within a few months of bankruptcy because of an inability to take more money out of her house, just withdrew the last remaining amount out of her HELOC even though she doesn’t need it right now because she wants it included in the amount that gets bailed out by the government. I am not making this up.
September 19, 2008 at 1:17 PM in reply to: So now the Feds are gonna clear out the Banks REO’s???? #273124ParticipantA friend of my mother, one of the most irresponsible people I know who is also within a few months of bankruptcy because of an inability to take more money out of her house, just withdrew the last remaining amount out of her HELOC even though she doesn’t need it right now because she wants it included in the amount that gets bailed out by the government. I am not making this up.
September 19, 2008 at 1:17 PM in reply to: So now the Feds are gonna clear out the Banks REO’s???? #273148ParticipantA friend of my mother, one of the most irresponsible people I know who is also within a few months of bankruptcy because of an inability to take more money out of her house, just withdrew the last remaining amount out of her HELOC even though she doesn’t need it right now because she wants it included in the amount that gets bailed out by the government. I am not making this up.
September 19, 2008 at 8:39 AM in reply to: So now the Feds are gonna clear out the Banks REO’s???? #272604ParticipantYou are right. So far there has been nothing about bailing out upside down homeowners. But once the government buys all of these mortgages, and the homeowner still can’t afford to pay, is the government going to foreclose or are they going to try and work something out. My money is on the government trying to work something out with the borrower, no matter the cost.
September 19, 2008 at 8:39 AM in reply to: So now the Feds are gonna clear out the Banks REO’s???? #272845ParticipantYou are right. So far there has been nothing about bailing out upside down homeowners. But once the government buys all of these mortgages, and the homeowner still can’t afford to pay, is the government going to foreclose or are they going to try and work something out. My money is on the government trying to work something out with the borrower, no matter the cost.
September 19, 2008 at 8:39 AM in reply to: So now the Feds are gonna clear out the Banks REO’s???? #272852ParticipantYou are right. So far there has been nothing about bailing out upside down homeowners. But once the government buys all of these mortgages, and the homeowner still can’t afford to pay, is the government going to foreclose or are they going to try and work something out. My money is on the government trying to work something out with the borrower, no matter the cost.
September 19, 2008 at 8:39 AM in reply to: So now the Feds are gonna clear out the Banks REO’s???? #272894ParticipantYou are right. So far there has been nothing about bailing out upside down homeowners. But once the government buys all of these mortgages, and the homeowner still can’t afford to pay, is the government going to foreclose or are they going to try and work something out. My money is on the government trying to work something out with the borrower, no matter the cost.
September 19, 2008 at 8:39 AM in reply to: So now the Feds are gonna clear out the Banks REO’s???? #272918ParticipantYou are right. So far there has been nothing about bailing out upside down homeowners. But once the government buys all of these mortgages, and the homeowner still can’t afford to pay, is the government going to foreclose or are they going to try and work something out. My money is on the government trying to work something out with the borrower, no matter the cost.
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