Skip to comments.
Foreclosure payments of up to $125,000 to start
MarketWatch ^
| 4/9/13
| Steve Goldstein
Posted on 04/09/2013 7:10:31 AM PDT by illiac
click here to read article
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-43 next last
Short article, excerpted.
1
posted on
04/09/2013 7:10:31 AM PDT
by
illiac
To: illiac
2
posted on
04/09/2013 7:15:53 AM PDT
by
Mouton
(108th MI Group.....68-71)
To: Mouton
3
posted on
04/09/2013 7:17:59 AM PDT
by
AppyPappy
(You never see a massacre at a gun show.)
To: illiac
This is unbelievable. Those of us who pay our bills and do the right thing are paying for those who don’t. People got into houses by lying about income with stated loans, low or virtually no down payments, 2nd TD’s, and no ability to make the payment. What did they think was eventually going to happen?
4
posted on
04/09/2013 7:18:06 AM PDT
by
doug from upland
(Obama and the leftists - destroying our country one day at a time)
To: Mouton
Happy days are here again!
5
posted on
04/09/2013 7:18:17 AM PDT
by
illiac
(If we don't change directions soon, we'll get where we're going)
To: illiac
I pay my mortgage(s). I’m obviously a dumbass....
6
posted on
04/09/2013 7:20:36 AM PDT
by
C. Edmund Wright
(Tokyo Rove is more than a name, it's a GREAT WEBSITE)
To: doug from upland
Exactly. I’ve even seen newly wed couples with 120% mortgages (believe it or not)...who have divorced...now one of them is stuck with the house....no money to pay.
I have also seen a number of people who have falsified their financials...
7
posted on
04/09/2013 7:20:36 AM PDT
by
illiac
(If we don't change directions soon, we'll get where we're going)
To: Mouton
Its raining money again
**********
Forecast calls for a 90% chance of continued heavy rains over much of the country for at least the next year.
Its no wonder that Australia and China just agreed to bypass the dollar.
8
posted on
04/09/2013 7:21:13 AM PDT
by
Starboard
To: C. Edmund Wright
Maybe they’ll throw in a free phone along with the bailout...
9
posted on
04/09/2013 7:21:33 AM PDT
by
illiac
(If we don't change directions soon, we'll get where we're going)
To: Mouton
10
posted on
04/09/2013 7:21:55 AM PDT
by
dfwgator
To: C. Edmund Wright
I pay my mortgage(s). Im obviously a dumbass....
*********
Well lets just say the American Way is to let others pay.
To: illiac
Dammit, my house is paid for.
If I take out a 2nd mortgage on it, never make a payment, and wait for foreclosure, can I get free money from the US Printing Press too?
12
posted on
04/09/2013 7:24:40 AM PDT
by
Fresh Wind
(The last remnants of the Old Republic have been swept away.)
To: Fresh Wind
May even be cheaper by the dozen....buy more!
13
posted on
04/09/2013 7:26:05 AM PDT
by
illiac
(If we don't change directions soon, we'll get where we're going)
To: illiac
There are no wise people in government.
Only the foolish and evil walk the halls of power.
14
posted on
04/09/2013 7:28:06 AM PDT
by
lurk
To: illiac
Foreclosure settlement cash a few months away BY RICHARD CLOUGH AND JEFF COLLINS / ORANGE COUNTY REGISTER
Updated: Jan. 9, 2013 2:57 p.m.
Nearly 4 million homeowners will be contacted within the next three months to receive payment under Monday's $8.5 billion foreclosure-abuse settlement between federal regulators and 10 large banks, according to the Federal Reserve.
Eligible borrowers, including homeowners in the foreclosure process during 2009 or 2010, will not be required to prove wrongdoing with their mortgage or take any further action, Barbara Hagenbaugh, a spokeswoman for the Federal Reserve, said Tuesday. Eligible homeowners will receive payment even if they did not previously apply for a foreclosure review.
cached page here
Original Page Here If You're Registered
15
posted on
04/09/2013 7:30:54 AM PDT
by
haffast
(Books serve to show a man that those original thoughts of his aren't very new at all. -Abe Lincoln)
To: haffast
From the article:
“The distributions will be overseen by a yet-to-be-determined third-party firm that will be appointed jointly by the 10 banks including JPMorgan Chase & Co. and Wells Fargo & Co. and overseen by regulators. The payment administrator is expected to contact homeowners by the end of March with payment details.”
Bet this “third party” will profit handsomely...this gives me the warm fuzzies...
16
posted on
04/09/2013 7:34:13 AM PDT
by
illiac
(If we don't change directions soon, we'll get where we're going)
To: lurk
The payments will probably be tax-free as well....
17
posted on
04/09/2013 7:35:34 AM PDT
by
illiac
(If we don't change directions soon, we'll get where we're going)
To: illiac
I just watched Atlas Shrugged Part 2 over the weekend. The looters in DC must have read the novel and decided to follow it to the letter.
18
posted on
04/09/2013 7:36:28 AM PDT
by
tgusa
(gun control: deep breath, sight alignment, squeeze the trigger .......)
To: illiac
What could possibly go wrong? /s
19
posted on
04/09/2013 7:37:13 AM PDT
by
tgusa
(gun control: deep breath, sight alignment, squeeze the trigger .......)
To: illiac
If it’s not tax free expect to hear even more howls from the “special class” (people who do not pay their mortgages have becomethe new victim group).
20
posted on
04/09/2013 7:39:05 AM PDT
by
Lorianne
(fedgov, taxporkmoney)
Navigation: use the links below to view more comments.
first 1-20, 21-40, 41-43 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson