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Purveyor (1000+ posts) Send PM | Profile | Ignore | Thu Mar-06-08 11:11 AM Original message |
U.S. Mortgage Foreclosures Increase to All-Time High as Owners `Give Up' |
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CountAllVotes (1000+ posts) Send PM | Profile | Ignore | Thu Mar-06-08 11:21 AM Response to Original message |
1. It all boils down to the same old thing |
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SpiralHawk (1000+ posts) Send PM | Profile | Ignore | Thu Mar-06-08 12:05 PM Response to Reply #1 |
9. "Greed is good." - Gordon Gecko giving voice to republicon family values |
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El Pinko (1000+ posts) Send PM | Profile | Ignore | Thu Mar-06-08 11:23 AM Response to Original message |
2. It's funny how people with a huge loan are called "owners" |
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Mountainman (1000+ posts) Send PM | Profile | Ignore | Thu Mar-06-08 11:40 AM Response to Reply #2 |
7. It means as apposed to renters. It use to be you had some ownership with a mortgage |
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El Pinko (1000+ posts) Send PM | Profile | Ignore | Thu Mar-06-08 01:09 PM Response to Reply #7 |
11. That's because people used to put 20% down.... |
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SoCalDem (1000+ posts) Send PM | Profile | Ignore | Thu Mar-06-08 01:17 PM Response to Reply #2 |
13. That one always bugs me too.. they are RENTING from the mortgagor |
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sarcasmo (1000+ posts) Send PM | Profile | Ignore | Thu Mar-06-08 04:12 PM Response to Reply #2 |
18. It's the same concept I use with those fifty thousand dollar Escalades. |
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RB TexLa (1000+ posts) Send PM | Profile | Ignore | Thu Mar-06-08 11:33 AM Response to Original message |
3. This has to be people coming off an intertest only period because the LIBOR is 2.708% |
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dysfunctional press (1000+ posts) Send PM | Profile | Ignore | Thu Mar-06-08 01:13 PM Response to Reply #3 |
12. apparently, it depends on how their "adjustable rate" is calculated, and what it's tied to... |
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defendandprotect (1000+ posts) Send PM | Profile | Ignore | Thu Mar-06-08 11:36 AM Response to Original message |
4. Why isn't Congress doing something to stop this --- ??? |
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RB TexLa (1000+ posts) Send PM | Profile | Ignore | Thu Mar-06-08 11:37 AM Response to Reply #4 |
5. You go to civil court to enforce a contract |
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defendandprotect (1000+ posts) Send PM | Profile | Ignore | Fri Mar-07-08 12:15 AM Response to Reply #5 |
20. Yes, but there must be some way that Congress can help these people? |
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walldude (1000+ posts) Send PM | Profile | Ignore | Thu Mar-06-08 02:59 PM Response to Reply #4 |
17. Too busy holding hearings on Roger Clemens. n/t |
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dubyaD40web (1000+ posts) Send PM | Profile | Ignore | Thu Mar-06-08 11:39 AM Response to Original message |
6. Ding Ding Ding! |
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tjwash (1000+ posts) Send PM | Profile | Ignore | Thu Mar-06-08 11:47 AM Response to Original message |
8. The bankers refer to them as "nina" loans |
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cliss (1000+ posts) Send PM | Profile | Ignore | Thu Mar-06-08 12:07 PM Response to Original message |
10. Some shocking facts: |
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ProgressiveFool (1000+ posts) Send PM | Profile | Ignore | Thu Mar-06-08 01:32 PM Response to Reply #10 |
14. Hmm... might be time to start scoping some prime locations to squat /nt |
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sarcasmo (1000+ posts) Send PM | Profile | Ignore | Thu Mar-06-08 04:13 PM Response to Reply #14 |
19. Investing in a tent, cot and a sleeping bag might not be a bad idea. |
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Johonny (1000+ posts) Send PM | Profile | Ignore | Thu Mar-06-08 01:48 PM Response to Reply #10 |
15. ? |
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Supersedeas (1000+ posts) Send PM | Profile | Ignore | Thu Mar-06-08 02:58 PM Response to Original message |
16. nothing to see here -- feed them more primary poll #'s as the Election Year news blackout |
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DU AdBot (1000+ posts) | Sat May 04th 2024, 08:00 AM Response to Original message |
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