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  #1  
Old 12-23-2008, 03:37 PM
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..make it happn' capn'
 
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Location: Mt. Airy, MD
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Housing rescues failing..

http://money.cnn.com/2008/12/23/real...ion=2008122310

Not to be the big "meanie" in the group, but both examples this article quotes to 'back its case' have the loan going down or rate being reduced and people are still crying...maybe you shouldn't have bought the da_m house!
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  #2  
Old 12-23-2008, 04:11 PM
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Location: X5world
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LeMansX5 has a spectacular aura aboutLeMansX5 has a spectacular aura aboutLeMansX5 has a spectacular aura about
They need a bailout so that they can get a X5.
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  #3  
Old 12-23-2008, 06:52 PM
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This guy says it all but shouldn't be a surprise to anyone who is behind trying to get a new or modified loan.

"According to Paul Koches, an executive vice president at Ocwen, it makes no sense to modify a loan if it results in an unaffordable payment. The mortgage will simply default again, resulting in even wider losses."

DUH.
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Old 12-23-2008, 09:48 PM
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WAGS, the Christmas Czar!!! awesome!!

Nixon was a criminal. But his transgressions are nothing compared to Bush raping our civil liberties; but now, the Administration is outright fleecing us of our money.

Read the post from MD referencing USA today!! Makes you want to reach out and touch someone!!
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  #5  
Old 12-23-2008, 10:27 PM
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Quicksilver will become famous soon enoughQuicksilver will become famous soon enough
Greed and immorality have no face and it's name isn't Bush.
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