Since the housing market went smash-bang-crash into a deep ravine a few years back, we've written numerous stories of homeowners with mortgages they couldn't pay — and some who could pay and chose not to — who opted to walk away and let the bank sell the house at a foreclosure auction. But if these people thought that they could abandon the home and have only a damaged credit rating to show for it, there's a chance they could be very, very wrong.
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God, I hope that's true.
ReplyDeleteThose mean people are hurting the banks. They should be ashamed. Hurting those banks like that. Geez
ReplyDelete"...strategic" defaulters? The bankers and their cohorts in the investment firms, backed up (knowingly and deliberately) by crooked government officials) created the economic disaster we are suffering through right now. They made BILLIONS and then TOOK BILLIONS from the taxpayers in "bailouts". Then paid themselves MILLIONS in bonuses for doing such a good job. But there is STILL money they haven't squeezed from the people they thought they squeezed dry. Maybe voting will help. MUUUUhahahaha.
ReplyDelete