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To: Tarpon
Well if they were in there homes over thirty years, wouldn’t the houses be paid off by now?

It's even more ridiculous. I just saw the segment and she mentioned people who have owned their homes for 38 (!) years and who now can't make their payments.

What the...?!

4 posted on 02/19/2009 1:30:13 PM PST by Flycatcher (God speaks to us, through the supernal lightness of birds, in a special type of poetry.)
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To: Flycatcher

Maybe it was an equity mortgage for dummies. Key word dummies.


5 posted on 02/19/2009 1:31:49 PM PST by Tarpon (If you don't stand on principle, you stand for nothing at all.)
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