Loan Modification - Free Foreclosure Help - Help Stop Foreclosure » Loss Mitigation Discussion to Stop Foreclosure » Stop Foreclosure - Save my Home » Why would the govt. take $100 thousand off a home

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Old 07-07-2009, 12:01 PM
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Default Why would the govt. take $100 thousand off a home

when selling it in foreclosure but not forgive the family..? a total of $48 thousand when they have fallen on hard times and couldn't pay their mortgage ? I know this happening to a family...and find it odd that the govt.. will lower the price of a home but won't forgive a debt which is half and let a family stay in their home .
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Old 07-07-2009, 02:30 PM
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Letting a family who can't pay their mortgage stay in it doesn't make anyone any money.
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