Loan Modification - Free Foreclosure Help - Help Stop Foreclosure » Help Stop Foreclosure - Loss Mitigation Help » Help Stop Foreclosure » Obama's new mortgage bill forces banks?

Help Stop Foreclosure Chat about everything Mortgage related. our staff are ready to answer any Mortgage questions you may have. All advice is free.

Short Sale    Loan Modification    Loss Mitigation Training    Short Sales Training
Reply
  #1 (permalink)  
Old 02-21-2009, 12:22 PM
Junior Member
 
Join Date: Feb 2009
Posts: 1
Default Obama's new mortgage bill forces banks?

to give preferential loans to low income families and to carry those who are unable to pay their mortgages.Isn't this the very crap that got us into this mess in the first place?If someone can't qualify for a mortgage based on their own credit and financial ability, they should rent, save and sort out their credit...just like people in middle income brackets.Shouldn't we get rid of the idea that people are "ENTITLED" to own a home?
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
  #2 (permalink)  
Old 02-21-2009, 01:47 PM
Junior Member
 
Join Date: Feb 2009
Posts: 1
Default

False. Loans will only be revamped if the owners prove they can maintain the payments. It has nothing to do with "low income". Do you really think those $600k homes are being bought by poor people?
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
  #3 (permalink)  
Old 02-21-2009, 03:57 PM
Junior Member
 
Join Date: Feb 2009
Posts: 1
Default

Where's your link to confirm what you just wrote?Because I heard no such thing.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
  #4 (permalink)  
Old 02-21-2009, 05:39 PM
Junior Member
 
Join Date: Feb 2009
Posts: 1
Default

Owning a home is something you earn, not a right. Why should they get preferential treatment and I have to make due with what I work for? It is bullshit
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
  #5 (permalink)  
Old 03-02-2009, 12:29 AM
Junior Member
 
Join Date: Mar 2009
Location: USA
Posts: 5
Default Re: Obama's new mortgage bill forces banks?

But where is the government getting this stimulus package... still on us taxpayers
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On




All times are GMT -4. The time now is 09:51 PM.
Powered by vBulletin® Version 3.6.7
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd. Free Foreclosure Help