Man, what a sucker I am. I make my mortgage payments each month, on time. I should have stopped making payment and the guvmint would have taken care of it for me. What a country!
I understand the disgust but I had an additional thought after hearing the details of the plan on the tube this morning.
The plan is only for Fannie/Freddie compliant loans, only loans under 415, only helps for the portion of the loan that is in excess of the house value, only serves as an incentive to the lender, not a requirement...etc, etc.
I think this will be used for only certain select instances and as a program will have half its cost eaten up by the Federal staff trying to administer it. I think it will solve a tiny percentage of the problems out there a a nice big cost — sounds like a Democrat plan to me — all show and no substance at a big government program cost.
You think you are a sucker, I paid my mortgage off last week, 14 years early.
Obama and the majority in Congress are socialists, and socialism is the enemy of capitalism and freedom.
Yeah suckers all of us. I bought a house that was 1/2 what I could afford.
I shoulda done the sub-prime tango and got one for twice what I could afford, for 0 down, with a 1/1 ARM.
I’m sick of playing by the rules, and scrimping and saving to pay my bills ontime. Too bad I have “pride” or I’d let it all go now.