Re: OT Sold It!!!!!!!!!!!!

TBone wrote:

> Where do you come up with this complete horse****???  If you really
think 
> that it works that way or is that simple, then you know far less than
even I 
> accuse you of.  If you stop making payments, they will simply begin
hitting 
> your credit rating for late and missing payments and begin *****sing
fines 
> against you for late and missed payments.  If you continue not to pay
and 
> don't pay the fines, then they will take you to court and sue the money
out 
> of you.

lol, you have no clue!  The same thing happened in the 1980's when 
people took out high interest mortages (Thanks Carter!).  When the rates 
dropped under Reagan they bailed, took a hit on their credit and bought 
a new house.  I did it and so did many others.  Your BS above is from 
someone who has no clue.

Take you to court?  lol.  Guess this whole foreclosure thing really is 
bogus since these homeowners are simply being sued instead.

> LOL, and who exactly are the idiots that decided to go with subprimes? 
Do 
> you even know what that means?  Many of these people were conned into 
> getting slimy loans that they didn't understand that quickly turned into

> loans that they couldn't afford.  

Many of these people took a subprime not because of bad credit or low 
income.  They took it because it allowed them to buy a far larger home 
than they could otherwise.  Now they are facing reality from their own 
stupid decision.  Yes, I blame the lenders too for conning them into 
buying more than they could afford.