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To: djf
"And when tens of thousands of folks ended up losing their homes, why should it be that the banks are able to make it out like they’re the ones who are the victims?"

Don't fall for this BS.The rate of foreclosures on residences owned by folks with good credit is very low. The foreclosures are on investment properties (Flip This House), illegal aliens and people with bad credit who wouldn't have qualified for a mortgage 10 yrs ago.

7 posted on 06/14/2008 11:06:58 PM PDT by Eagles6 ( Typical White Guy: Christian, Constitutionalist, Heterosexual, Redneck)
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To: Eagles6
Don't fall for this BS.The rate of foreclosures on residences owned by folks with good credit is very low. The foreclosures are on investment properties (Flip This House), illegal aliens and people with bad credit who wouldn't have qualified for a mortgage 10 yrs ago.

BINGO!!!!!

14 posted on 06/15/2008 6:08:41 AM PDT by Ann Archy (Abortion.....The Human Sacrifice to the god of Convenience.)
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