2010-06-13 — nakedcapitalism.com
"I’m more than a little surprised that the story fails to consider that less than math literate borrowers would be particularly susceptible to aggressive or unscrupulous mortgage salesmen."
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catherine at 22:37 2010-06-13 said:
OMG why will everyone go to these hairbrained reasons, digging for these in-depth crazy reasons..............HELLO 443,000 good people LOST THEIR JOBS last week (since 2007)..............good at math, not good at math, good clean loan, subprime loan, ripped off, not ripped of............. DOESN'T MATTER...............when you lose your job you can't afford the bills you have today and that includes their house..........offlmfao soon we will be reading the 'experts' and will find that certain COLORS of houses are in foreclosure more than others.............. 31 million people have lost their jobs - most of those have never had a job loss more than 6 months their entire lives. Read EVERY interview of a foreclosed family, by the second or third sentence they admit they either lost their job, had a horrific medical problem or maybe a divorce. just what do people think the term 'depression era unemployment' means??? [/list] Permalinkadd a comment | go to forum thread
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