Lenders on Foreclosures: Let’s Get This Over With

Wish the real questions would be answered instead of sensational headlines and comments. For example, who absorbs the loss in a foreclosure? if there is a moratorium?

Thanks.

Yeah right!! I didn't see anyone saying to all those money managers, banks, AIG, and auto makers to just “go with the foreclosure and get over it.” And I know why. Its because its so easy to crap on the little guys when Bush and Paulson have nothing to gain by saving us. What a great country. Give the rich all the money in the treasury and kick the working people out on the street with all their kids while the rich steal all our tax dollars. nice article Mary Kane.

yeah right! I agree on this,on this case it may higher the chances of getting paid than pissed off.

Type your comment here.I hope things get better by 2012. This is really bad bad time for US.

I hope things get better by 2012. This is really bad bad time for US.

I hope someday this happens to some of these bank people and then they will know what it is like
to be in my shoes. I did not set out for this to happen I lost a joband therefore my salary was lost
I tried so many times for help from the indymacbank and the people who work there were so rude
said just pay for your mortgage or will take the house I think if they were a little humble towards others
they could try to understand all of us people across this nation. and by the way this all started with the
banks and their greed .

I hope someday this happens to some of these bank people and then they will know what it is like
to be in my shoes. I did not set out for this to happen I lost a joband therefore my salary was lost
I tried so many times for help from the indymacbank and the people who work there were so rude
said just pay for your mortgage or will take the house I think if they were a little humble towards others
they could try to understand all of us people across this nation. and by the way this all started with the
banks and their greed .

O.K. It is what it is….The lenders again have cut their own throat! We tried for over a year to get Wells Fargo to work WITH us on our loan. Anybody who thinks we WANTED to be in this situation, or that we did not WANT to pay our mortgage and keep our home is nuts! Because of my age (61 at the time) it was almost impossible to get employment after my job was outsourced. Don't be fooled that there is not age discrimination, there is. Although it is illegal certainly does not make it go away! (ie: illegal drugs, etc.) Then when I did get the only job I could find (5 months later) it was for $9.50 an hour. Complaining? No. But some consideration from the lender until I could “catch up” would have prevented what happened. They would not, we lost it (the home) and it is what it is!
Now!!! I have the best job I have had in 7 years with “reasonable” income. What needs to be done now is to somehow convince lenders that there are a lot of families who can stay within the parameters of a home loan after recovering from a setback. The lenders are going to have to reconsider the options of having so many houses they can't possibly sell them, or lending to families that have recovered, and continuing to make money on their loans. Empty houses do not create an income for them!!!

Bears Hester’s recovery is obtained, and the asics gt shoes National League North Champions playoffs the first time in 4 years is an important reason. His first two NFL seasons back to attack a total of 11 touchdowns (kickoff back to the offensive attack jumped kick onitsuka tiger by asics back), but the last two seasons of these two statistics Onitsuka Tiger Mexico 66 are 0. But last year (2010) 9 month against Green Bay’s game, he made a 62-yard kick return offensive touchdowns abandoned, which terminated his back to the offensive touchdown drought. December 20 last year against Asics Alton Minnesota in the Vikings game, Hester jumped to a 64-yard kick return touchdowns to break the attack by Brian – Mitchell’s return to keep the number of offensive touchdowns record (kick-off return Kick back to the offensive attack abandoned). That touchdown made asics running shoes him give up playing with 10 offensive touchdowns tied back to Eric – Metcalfe record. There are also two offensive touchdowns in back not included in the 14 touchdowns, a missed kick an opponent after he returned 108 yards for a touchdown attack, the other is 4 years ago on the Super Bowl kick-off game The one that was 92 yards back to the offensive touchdown.