I hate to say it but I donât care if people like this lose a home like that . They had no business buying it in the first place. They can lose that home and get one they can afford. I am not against the plan to help out home owners. Lets help out the ones that can still afford the homes they live in .
That is not even an issue. Besides, a corporation would get a non-recourse loan only with 30-50% down. The only reason people get non-recourse terms for low/no down payment loans is Liberal politics... greedy, reckless, and foolish politics.
Trade666, please quit posting pictures of yourself on the internet. I'm getting tired of looking at your ugly mug.
Poperly collateralized? What's that? Judging by their actions, lenders thought housing prices were going up forever, just like buyers.
why is it not an issue, explain why a home owner should lose all assets and the business man shouldn't is one better then the other in you're mind
I know it's difficult for you to face reality but that's how stupid YOU and all the other pro-deadbeat losers look to normal people who have integrity and can pay their own way in life.
Are you so bitter because your parents are getting foreclosed on and you'll have to move out of their basement?