tag:blogger.com,1999:blog-36404602.post6554892848892282864..comments2023-10-26T05:08:20.977-04:00Comments on Connecting.the.Dots: Bitter Laugh: Homeowners Foreclose BankROBERT STEINhttp://www.blogger.com/profile/11999996852219220599noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-36404602.post-24039800094758548252011-06-06T12:30:20.852-04:002011-06-06T12:30:20.852-04:00also:
http://articles.philly.com/2011-02-15/busine...also:<br />http://articles.philly.com/2011-02-15/business/28536236_1_mortgage-fees-full-replacement-value-default-judgmentJoe Laveryhttps://www.blogger.com/profile/06273316707995351232noreply@blogger.comtag:blogger.com,1999:blog-36404602.post-24510260370456747692011-06-06T12:29:55.224-04:002011-06-06T12:29:55.224-04:00also
http://articles.philly.com/2011-02-15/busines...also<br />http://articles.philly.com/2011-02-15/business/28536236_1_mortgage-fees-full-replacement-value-default-judgmentJoe Laveryhttps://www.blogger.com/profile/06273316707995351232noreply@blogger.comtag:blogger.com,1999:blog-36404602.post-62935812594585850122011-06-06T08:38:15.216-04:002011-06-06T08:38:15.216-04:00A small gesture, but somewhat hopeful. What about...A small gesture, but somewhat hopeful. What about all these banks who keep getting paid every month on underwater mortgages? There are millions of homeowners paying for properties which are worth less than 1/2 what their mortgages are for. The banks keep these on the books as current, therby showing inflated property values which are no longer relevent. The consumer ends up subsidizing the banks for inflated loans on deflating properties. What if we all just stopped paying on these just plain bad deals? They'd surely flip out then, wouldn't they?Anonymousnoreply@blogger.com