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To: topfile

“In fact it went on and said there were no limitations as what the feds could do to the loan to insure that foreclosure does not occur.”

So - hubby and I have paid regularly on time.
In fact we get a few extra payments in each year.

I’m wondering - what incentive is there to keep this senseless course of action?

If we really want to save money, we should stop paying - go into default - and then Paulsen will knock $50 g’s off our principal?


5,745 posted on 10/07/2008 8:49:29 PM PDT by Scotswife
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To: Scotswife
we really want to save money, we should stop paying - go into default - and then Paulsen will knock $50 g’s off our principal?

"Ability to Pay" that's the Goverment Way!

5,845 posted on 10/07/2008 9:12:13 PM PDT by topfile
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