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ParticipantForeclosures are the solution, not the problem. The problem is that people with good jobs cannot “really” afford to live in their community. Foreclosures will reduce prices to a level that average people can afford to buy a house and pay it off. What pay off a house, how will mortgage brokers live?
My grandparents can afford to live in San Diego, because they paid off their house. The baby boomers are not paying off their houses and will need to move to less expensive areas as they retire. It should be about reducing your cost of living as you retire, not amount a paper gain.
ParticipantForeclosures are the solution, not the problem. The problem is that people with good jobs cannot “really” afford to live in their community. Foreclosures will reduce prices to a level that average people can afford to buy a house and pay it off. What pay off a house, how will mortgage brokers live?
My grandparents can afford to live in San Diego, because they paid off their house. The baby boomers are not paying off their houses and will need to move to less expensive areas as they retire. It should be about reducing your cost of living as you retire, not amount a paper gain.
ParticipantForeclosures are the solution, not the problem. The problem is that people with good jobs cannot “really” afford to live in their community. Foreclosures will reduce prices to a level that average people can afford to buy a house and pay it off. What pay off a house, how will mortgage brokers live?
My grandparents can afford to live in San Diego, because they paid off their house. The baby boomers are not paying off their houses and will need to move to less expensive areas as they retire. It should be about reducing your cost of living as you retire, not amount a paper gain.
ParticipantForeclosures are the solution, not the problem. The problem is that people with good jobs cannot “really” afford to live in their community. Foreclosures will reduce prices to a level that average people can afford to buy a house and pay it off. What pay off a house, how will mortgage brokers live?
My grandparents can afford to live in San Diego, because they paid off their house. The baby boomers are not paying off their houses and will need to move to less expensive areas as they retire. It should be about reducing your cost of living as you retire, not amount a paper gain.
ParticipantForeclosures are the solution, not the problem. The problem is that people with good jobs cannot “really” afford to live in their community. Foreclosures will reduce prices to a level that average people can afford to buy a house and pay it off. What pay off a house, how will mortgage brokers live?
My grandparents can afford to live in San Diego, because they paid off their house. The baby boomers are not paying off their houses and will need to move to less expensive areas as they retire. It should be about reducing your cost of living as you retire, not amount a paper gain.
November 2, 2008 at 10:20 AM in reply to: Stabilize Home Mortgage Borrowers with Eminent Domain #296636ParticipantYes, this plan would cause all the financial institutions to fail at the same time. Isn’t this how they do it in the Banana Republics?
November 2, 2008 at 10:20 AM in reply to: Stabilize Home Mortgage Borrowers with Eminent Domain #296980ParticipantYes, this plan would cause all the financial institutions to fail at the same time. Isn’t this how they do it in the Banana Republics?
November 2, 2008 at 10:20 AM in reply to: Stabilize Home Mortgage Borrowers with Eminent Domain #296996ParticipantYes, this plan would cause all the financial institutions to fail at the same time. Isn’t this how they do it in the Banana Republics?
November 2, 2008 at 10:20 AM in reply to: Stabilize Home Mortgage Borrowers with Eminent Domain #297009ParticipantYes, this plan would cause all the financial institutions to fail at the same time. Isn’t this how they do it in the Banana Republics?
November 2, 2008 at 10:20 AM in reply to: Stabilize Home Mortgage Borrowers with Eminent Domain #297053ParticipantYes, this plan would cause all the financial institutions to fail at the same time. Isn’t this how they do it in the Banana Republics?
ParticipantIt is not for first mortgages but Purchase loans, so a piggyback loan is non-recourse.
ParticipantIt is not for first mortgages but Purchase loans, so a piggyback loan is non-recourse.
ParticipantIt is not for first mortgages but Purchase loans, so a piggyback loan is non-recourse.
ParticipantIt is not for first mortgages but Purchase loans, so a piggyback loan is non-recourse.
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