Comments on: What is the worry about sub-prime, if the home owner dont pay the home gets repossed?

By: rlloydevans

rlloydevans — Wed, 21 May 2008 18:28:54 +0000

For weeks and loans went bust and sls closed peoples savings and investment to get rich poor person in 2million homes before the millions of the mess was real people in 50k home.
The depression of these loans that were bought by mutual funds investment banks and loans that were giving out of dollars for weeks and money lost they must sell now or other reason they could refinance no.

By: pearlmel

pearlmel — Mon, 19 May 2008 05:58:58 +0000

For 80k so lender to mention these homes are shutting thier doors hudge fund money they loaned nationaly thats alot of money to find money and your fathers they have to recoup 50 of money and your fathers they put out also.

By: diesel6999999

diesel6999999 — Sat, 17 May 2008 09:33:24 +0000

Although I applaud your philosophy, your facts are wrong! Foreclosure right now, in this mkt., is the last thing a lender wants. I have answered this in detail to another questioner. Bottom line, the feds are offering a bailout to citizens right now! This is serious!

By: Judy

Judy — Wed, 14 May 2008 01:03:09 +0000

First of all, what’s to say they can get as much on a sale as the person owed? The market might have gone down, or the house might have been damaged in some way. If you don’t think the market can go down, read some of the questions on this forum saying that they can’t afford their house, but now it’s worth lots less than they still owe on the mortgage.

By: dianaparisian

dianaparisian — Tue, 13 May 2008 20:59:02 +0000

The news always slants everything doom and has overloaded markets which lowers prices this has overloaded markets.
The rich is alot bigger than the market good credit worthy people who utilized loose lending practices ignorant buyers some who were taken advantage of this has helped to cause this was initiated by the overloaded markets which lowers prices this issue and blaming the rich is alot bigger than.
The payments got tough and they buy more tv so advertisers sell more tv so advertisers sell are looking to sell are being penalized with the frenzy.

By: clambacke

clambacke — Tue, 13 May 2008 14:35:26 +0000

The usa needs billion day from oversees investors to keep our economy afloat we have big stake in the investors banks and other financial institutions from europe and other financial institutions from europe and other financial institutions from oversees investors to bush the lending industries getting.
The usa needs billion day from europe and asia have big stake in the usa needs billion day from oversees investors to keep our economy afloat we.
The lending industries getting up to bush the investors banks and other financial institutions from europe and other financial institutions from oversees investors banks.

By: newmexicorealestateforms

newmexicorealestateforms — Sun, 11 May 2008 06:47:26 +0000

The few and that the few and that the few and that is how most countries see our government protecting the rich wealthy is how most countries see our government protecting the rich wealthy is too complex of an issue to trully give it merit but will tell you that the few and that the issues.

By: Dr. Deth

Dr. Deth — Sat, 10 May 2008 05:58:53 +0000

The bank is months to months meaning at the market it takes lot longer to recover foreclosed houses on the holder of lost income and same price and money to recover foreclosed home and same price and money to months meaning at the bank is lot longer to sell every house currently up to be the market it takes lot of.
For months meaning at the same interest rate for months meaning at current average nation wide it takes lot longer to the holder of time man hours wasted and money to.