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Idiots bought more house then they can afford from lenders who lent to much money on to easy terms.
1 posted on 08/24/2007 10:27:50 AM PDT by Hydroshock
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To: Hydroshock

There’s a sucker born every minute.

God,some people are stupid.


2 posted on 08/24/2007 10:29:29 AM PDT by Mears
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To: Hydroshock

bump for publicity


3 posted on 08/24/2007 10:31:16 AM PDT by VOA
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To: Hydroshock
Idiots bought more house then they can afford from lenders who lent to much money on to easy terms.

Before calling someone else an idiot you should read a bit more carefully.

She didn't have problems paying her mortgage before she lost here job. She had owned the house for 12 years, so apparently she had been able to afford it.

How long could you pay your mortgage if you were out of work?

5 posted on 08/24/2007 10:35:25 AM PDT by untrained skeptic
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To: Hydroshock
Did you even bother to read the article you posted before you commented? This was a home owner in the 12th year of a mortgage, lost her job and fell behind in payments. Her mistake was not calling her bank first. She is back on track with her mortgage and with the bank. Out $1,200 paid to a scam outfit. Lesson learned the hard way. She does not sound like the "Idiot who bought a house she could not afford"!
8 posted on 08/24/2007 10:41:44 AM PDT by Red_Devil 232 (VietVet - USMC All Ready On The Right? All Ready On The Left? All Ready On The Firing Line!)
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To: Hydroshock
Idiots bought more house then they can afford from lenders who lent to much money on to easy terms.

It's not always about irresponsible loans. People fall behind on their mortgages (sometimes really good low-interest mortgages) for other reasons such as loss of employment or business failure, medical expenses, legal problems and other major financial burdens.

Falling for the scam rescuers is certainly not smart, but getting there in the first place can happen for many reasons.

9 posted on 08/24/2007 10:45:01 AM PDT by ElkGroveDan (When toilet paper is a luxury, you have achieved communism.)
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To: Hydroshock
Idiots bought more house then they can afford from lenders who lent to much money on to easy terms.

You didn't even bother to read the article you posted, did you? Oops! lol

10 posted on 08/24/2007 10:45:07 AM PDT by jennyjenny
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To: Hydroshock

These scams have been around a long time. Obviously more prevalent now.

I’ve heard of this “group” before.


11 posted on 08/24/2007 10:46:23 AM PDT by RockinRight (Fred Thompson once set fire to a crowd of liberals simply by puffing his cigar and staring real hard)
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To: Hydroshock

Not nice. One might say something like,

“Idiot posted an article and commented without reading it.”


12 posted on 08/24/2007 10:47:42 AM PDT by Tenacious 1 (No to nitwit jesters with a predisposition of self importance and unqualified political opinions!)
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To: Hydroshock
Is Falke one of those that hit a rough patch and the first thing they skipped is health insurance.
You got to eat and later...
The rich have to come through paying for our health care,
as there are children in need.
17 posted on 08/24/2007 11:01:33 AM PDT by hermgem (Will Olmr)
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To: Hydroshock
Falke does not appear to be an idiot.

Unexpected changes in employment can have a significant impact on a family's finances, especially if the family does not have sufficient available savings and lines of credit to weather the crunch.

The best thing to do (as other FReepers are noting) is to deal with your creditors directly, however. They do really want to help up (usually) because they want their money back. Any third-parties who enter the picture with claims that are suspicious or seem too good to be true...are, well, exactly that.

18 posted on 08/24/2007 11:02:22 AM PDT by rabscuttle385 (Sic Semper Tyrannis * U.Va. Engineering '09 * Friends Don't Let Friends Vote Democrat * Fred in 2008)
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To: Hydroshock

Let me give you nice, hearty devastating illness or injury, rigtht out of the clear blue.

Let me then make it so your 120k income, that you had for years, and with which you bought well within your income/outflow ratio, gets taken away from you.

Let me watch you scratch like all get out to make up for an income you no longer have.

Then let me call you a stupid f**k cause you can’t pay your bills.

Holier than thou a$$ wipes really tick me off.


23 posted on 08/24/2007 11:16:09 AM PDT by Al Gator (Refusing to "stoop to your enemy's level", gets you cut off at the knees.)
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To: Hydroshock

did you read the story? She bought the house in 1994. She lost her job. No where does it mention how much her loan was compared to salary or the terms.

Oh sorry, you have a template and all these housing stories must fit the template.


29 posted on 08/24/2007 1:19:07 PM PDT by art_rocks
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