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Government asks lenders to take big risks and then sues them for complying.
1 posted on 10/08/2013 8:43:53 AM PDT by whitedog57
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To: whitedog57

How exactly does one get out from under an underwater mortgage? What if you want to move and your mortgage is more than the current market price? I am all for keeping my promises, but does it mean I have to just live here forever?


2 posted on 10/08/2013 9:08:59 AM PDT by Semper911 (When you want to rob Peter to pay Paul, you'll always have the support of Paul.)
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To: whitedog57

I’m sorry, but wasn’t it banks handing out mortgages to people who should never have been given said mortgage; but, they were because of govt. intervention, the cause of the gigantic melt-down of 2008? So, Bozo and his co-horts have NOT learned the lesson?


5 posted on 10/08/2013 9:32:18 AM PDT by LibertarianLiz
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