Kwyjibo wrote:
> "atec77" <atec77NOSPAM@[EMAIL PROTECTED]
> wrote in message
> news:fusd6f$qsa$2@[EMAIL PROTECTED]
>> Andy wrote:
>>> In article <fusb44$j15$1@[EMAIL PROTECTED]
>, atec77 <atec77NOSPAM@[EMAIL PROTECTED]
>
>>> wrote:
>>>
>>>> Snapper wrote:
>>>>> atec77 wrote...
>>>>>
>>>>>>
http://www.smh.com.au/news/national/repo-men-called-to-stress-belt/2008/04/
>>>>>> 22/1208742940230.html
>>>>> "Mr Mouwad said more home owners were selling their houses before
they
>>>>> were repossessed, but he said some lenders were refusing to
authorise
>>>>> sales if the price failed to cover the full mortgage."
>>>>>
>>>>> Isn't this is what mortgage insurance is for, for those who are
forced
>>>>> to
>>>>> take it out as a part of the mortgage application process?
>>>>>
>>>>> So, the poor ****s, whether they're put in that situation by their
own
>>>>> deeds or otherwise, cannot win. They can't sell the house but are
>>>>> instead
>>>>> forced out, the mortgagee will flog it and claim on the LMI, leaving
>>>>> the
>>>>> dispossed with **** all and a ****ed credit rating.
>>>>>
>>>>> A sad state of affairs and it's only gonna get worse.
>>>>>
>>>>>
>>>> Seems like a couple of months ago things were in a better state
>>>> MM musta been electing those labor blokes that did it ..
>>> Yeah, no need to get your head out of the sand and research what's
going
>>> on world-wide, eh?
>>>
>> Not when the labor blokes mismanage this situation far worse than the
libs
>> did for years .
>
> You must have missed this bit from the article you pointed us to:
> "What you've got coming through in the past month or two effectively
began
> *six to eight months ago*."
>
> Hmmm. Who was in power 6-8 months ago?
> ROFL. You can't even read your own ****e, can you ****wit.
>
>> When Turnbull takes power next xmas and into the next term it starts
all
>> over again
>
> That'll happen the day you learn to put a coherent post together, you
> useless ****.
>
Next time you are in Brisbane look me up , I am not hard to find and I
am happy to chat about your problem .
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