[kev374]

it is VERY BAD to help delinquent homeowners. These people have already proved that they are fiscally irresponsible. People who do this usually have a pattern of this type of behavior. Giving them an easy fix is moral hazard and only encourages this kind of behavior because it sends a message that running up huge bills and then crying crocodile tears solves everything!

People have to learn the hard way that there are consequences for bad decisions! Foreclosure isn’t forever, you can lose your home, learn valuable lessons, rent for a while and purchase again in a few years. Hopefully, the lessons learned will make for much wiser decisions.

Just my $0.02

[kev374]

it is VERY BAD to help delinquent homeowners. These people have already proved that they are fiscally irresponsible. People who do this usually have a pattern of this type of behavior. Giving them an easy fix is moral hazard and only encourages this kind of behavior because it sends a message that running up huge bills and then crying crocodile tears solves everything!

People have to learn the hard way that there are consequences for bad decisions! Foreclosure isn’t forever, you can lose your home, learn valuable lessons, rent for a while and purchase again in a few years. Hopefully, the lessons learned will make for much wiser decisions.

Just my $0.02

[kev374]

But the couple had borrowed heavily against their house, in part to pay for a risky real estate venture, leaving them with loan payments that eat up more than two-thirds of their net income

So these guys are speculators?
Feel sorry that they lost their home but had they not used their home like an ATM they would’ve been able to cover their losses. Their situation is their own fault.

[kev374]

But the couple had borrowed heavily against their house, in part to pay for a risky real estate venture, leaving them with loan payments that eat up more than two-thirds of their net income

So these guys are speculators?
Feel sorry that they lost their home but had they not used their home like an ATM they would’ve been able to cover their losses. Their situation is their own fault.

[kev374]

But the couple had borrowed heavily against their house, in part to pay for a risky real estate venture, leaving them with loan payments that eat up more than two-thirds of their net income

So these guys are speculators?
Feel sorry that they lost their home but had they not used their home like an ATM they would’ve been able to cover their losses. Their situation is their own fault.

[kev374]

But the couple had borrowed heavily against their house, in part to pay for a risky real estate venture, leaving them with loan payments that eat up more than two-thirds of their net income

So these guys are speculators?
Feel sorry that they lost their home but had they not used their home like an ATM they would’ve been able to cover their losses. Their situation is their own fault.

[kev374]

But the couple had borrowed heavily against their house, in part to pay for a risky real estate venture, leaving them with loan payments that eat up more than two-thirds of their net income

So these guys are speculators?
Feel sorry that they lost their home but had they not used their home like an ATM they would’ve been able to cover their losses. Their situation is their own fault.

[kev374]

WTF? He must be going senile.

Not going…he IS senile!!!

[kev374]

WTF? He must be going senile.

Not going…he IS senile!!!

[kev374]

WTF? He must be going senile.

Not going…he IS senile!!!

[kev374]

WTF? He must be going senile.

Not going…he IS senile!!!

[kev374]

WTF? He must be going senile.

Not going…he IS senile!!!

[kev374]

not few wks ago, I meant few months ago LOL, sometime middle of the yr. had it lying around!

[kev374]

not few wks ago, I meant few months ago LOL, sometime middle of the yr. had it lying around!

[kev374]

not few wks ago, I meant few months ago LOL, sometime middle of the yr. had it lying around!

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