Mr Mortgage on Loan Mods, TARP & Home Sales
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Mr Mortgage on Loan Mods, TARP & Home Sales 11-12-0819 comments to Mr Mortgage on Loan Mods, TARP & Home Sales 11-12-08You must be logged in to post a comment. |
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Wallpaper Union
Maybe he was paid to shut the hell up.
Giga Flux
What happened to this guy? Did someone tell him to shut up and go away? He just dropped off the face of the Earth.
Photos Union
you know its dirtbags like tonmagicwon that has driven this economy down since they take out loans they cant obviously afford. why scam another mortgage company? if you want the american dream theres a price that has to be paid. stop being irresponsible and pay the bills and quit advocating for shit bag tactics…remember anyone can buy a house, it takes responsibility to make it a home. FUCK THE IDIOTS who don’t know what they are getting themselves into.
Show My Shots
you forgot the biggest thing buddy ,defaults! and negative equity, why stay in your home and pay 2700$ a month to buy a house ,when its only going to be worth 25% of what you paid 4 it after 5years of paying 4 it ,the key is finding some body to get/ you another loan?after forclosure,mother ,sis,uncle, inlaws i dont know
Giga Flux
loan mods are a joke ! the best thing 4 you to do is ether,sue your lender and stay in your home 2 years free like we did ,and rent it out .get your wife, or husband ,mother,or father to get the new home in there name 4 pennys on the dollar!get out of your 500tho$ house and buy the 1 next door for 186tho$ simply put or ,rent [and save your money,]
Keywords Post
Mr. Mortgage, what is your take on the bad bank scheme they have cooked up. Is it really the salvation of the banking system that the markets are responding to?? Need some insight
Wallpaper Union
Great information! Thank you for helpinf educate people. Here’s another resource to consider. FederalHomeLoanMods(dot)com
photo box 5
CNBC just mentioned you
Wallpapers 5
If your house is worth less than you owe, too bad you fucked up.
photo box 5
Don’t Get Foreclosed On Modify Your Loan go to homesaver(DOT)tk
photo box 5
2-3 TRILLION dollars to fix house prices? WTF. Where does that money come from?
Giga Flux
Did Mr Mortgage get foreclosed on?
Show My Shots
thehelpfund.blogspot
photo box 5
doofus…THIS IS THE MARKET CORRECTING. negotiating with a private sector lender to reach an agreeable contract that shares some of the asset deflation, that’s a beautiful, moral, good capitalist thing. what’s “morally despicable” is if the government was coming in to pay down a few people’s mortgages using other people’s tax money…that’s subsidizing.
E Law Blog
That depends. On the coasts, it’s way higher. In Utah, not so much.
E Law Blog
I have a question I checked the top ten foreclosure states and averaging the foreclosure rate of the ten you get about 1 in every 300 homes is in foreclosure. Thats still 299 homeowners out of 300 is good in the worst markets, How is this a crisis of the proportions the media is talking about?
Keywords Post
You can see his full explanation at his website and it’s titled “No-Spin – OCT Existing Home Sales”.
Wallpaper Union
This creates more foreclosures, which creates more supply, which pushed home prices down further. This exponentially increases likelihood of loan default, creates more foreclosures, which creates more supply, which pushes home prices down further and so on and so on. It is amazing nobody understands how devastating this negative feedback loop is. It is great that all of you do.
E Law Blog
1) When one person gets a great deal on a foreclosure in a neighborhood all similar homes within the appraisal zone (one mile radius) lose value. This puts everyone closer to or deeper into a negative equity position exponentially increasing their likelihood of loan default. This creates more foreclosures, which creates more supply, which pushed home prices down further.