If Obama gets his Bill passed to help homeowners avoid Foreclosure?
This entry was posted
on Tuesday, February 2nd, 2010 at 6:07 pm and is filed under Avoid Foreclosure.
You can follow any responses to this entry through the RSS 2.0 feed.
You can leave a response, or trackback from your own site.
8 Responses to “If Obama gets his Bill passed to help homeowners avoid Foreclosure?”
Oh, yeah! I was just asking myself what to do with the piles of cash and bearer bonds that litter my house, and Obama has found a solution – pay for other peoples’ mortgages.
I’m sure the majority of Americans have also been wondering what to do with all the excess cash and income they have. References :
it only helps those already ‘helped’ by fannie and freddie…you know, barney frank’s buddies who guaranteed ‘no money down, no credit check, e-z payment’ loans…those who dealt with reputable institutions and ran into financial problems can go suck eggs References :
Yes I’m thrilled about it, I love helping irresponsible people. I love helping people who keep having more and more kids with no viable source of income as well. References :
It wouldn’t bother me a bit. I don’t need a bailout myself and have no expectations of getting one. MY mortgage is up to date and current. So are most of the people in my community. We are a modest community and not too many around here live beyond our means. Most around here work HARD, for very little money, yet no one around here has any problem with the bailout. We pay taxes just like everyone else.
I don’t know if I like the idea that some people who have lived irresponsibly should get money, but it is better than nothing. It would be hard to distinguish the irresponsible vs the responsible who ran into hard times. The people who just ran into hard times should be able to be helped. They are gonna take my taxes anyways, might as well be to help others.
We poor folk don’t mind helping out others, its the ones that are more well off that are bitching. References : personal experience
No Problem bailing out the perpetrators of the fraud?
The guys and girls with the business degrees.
Who perpetrated the swindle until it ran out of steam and went KAPOOT.
WASHINGTON (CNN) — Hundreds of people across the country have been arrested by law enforcement officials targeting crooked mortgage brokers, real estate agents, and other industry officials, the head of the FBI and a top Justice Department official said Thursday.
August 26, 2008 http://money.cnn.com/2008/06/19/real_estate/mortgage_fraud/
Mortgage fraud still soaring
August 26, 2008
A crackdown on underwriting has failed to halt an explosion of fraudulent home loans.
NEW YORK (CNNMoney.com) — With the housing market in turmoil and lending standards tougher than ever, you’d think that the kind of unscrupulous activity that helped plunge the industry into crisis would be a thing of the past.
No – the people that bought over their heads should go bankrupt – maybe they’ll learn a valuable lesson in not overextending onesself in the future – in the process!
America…Is this a great country,or what !
References :
Oh, yeah! I was just asking myself what to do with the piles of cash and bearer bonds that litter my house, and Obama has found a solution – pay for other peoples’ mortgages.
I’m sure the majority of Americans have also been wondering what to do with all the excess cash and income they have.
References :
it only helps those already ‘helped’ by fannie and freddie…you know, barney frank’s buddies who guaranteed ‘no money down, no credit check, e-z payment’ loans…those who dealt with reputable institutions and ran into financial problems can go suck eggs
References :
Yes I’m thrilled about it, I love helping irresponsible people. I love helping people who keep having more and more kids with no viable source of income as well.
References :
It wouldn’t bother me a bit. I don’t need a bailout myself and have no expectations of getting one. MY mortgage is up to date and current. So are most of the people in my community. We are a modest community and not too many around here live beyond our means. Most around here work HARD, for very little money, yet no one around here has any problem with the bailout. We pay taxes just like everyone else.
I don’t know if I like the idea that some people who have lived irresponsibly should get money, but it is better than nothing. It would be hard to distinguish the irresponsible vs the responsible who ran into hard times. The people who just ran into hard times should be able to be helped. They are gonna take my taxes anyways, might as well be to help others.
We poor folk don’t mind helping out others, its the ones that are more well off that are bitching.
References :
personal experience
No Problem bailing out the perpetrators of the fraud?
The guys and girls with the business degrees.
Who perpetrated the swindle until it ran out of steam and went KAPOOT.
WASHINGTON (CNN) — Hundreds of people across the country have been arrested by law enforcement officials targeting crooked mortgage brokers, real estate agents, and other industry officials, the head of the FBI and a top Justice Department official said Thursday.
August 26, 2008
http://money.cnn.com/2008/06/19/real_estate/mortgage_fraud/
Mortgage fraud still soaring
August 26, 2008
A crackdown on underwriting has failed to halt an explosion of fraudulent home loans.
NEW YORK (CNNMoney.com) — With the housing market in turmoil and lending standards tougher than ever, you’d think that the kind of unscrupulous activity that helped plunge the industry into crisis would be a thing of the past.
More Muscle Against Mortgage Fraud
U.S., State, Local Agencies Form Task Force
http://www.washingtonpost.com/wp-dyn/content/article/2009/02/20/AR2009022002817.html?hpid=sec-metro
Fraud
with the biggest names in corporate America behind it.
And they get hundreds of billions when their scheme runs it’s course.
References :
I just love living in a nation of greedy bahstahds.
References :
No – the people that bought over their heads should go bankrupt – maybe they’ll learn a valuable lesson in not overextending onesself in the future – in the process!
Peace
References :