I agree with you 100%, but one interesting angle to this story is that these holders of
second mortgages appear to be trying to effectively turn these loans into
primary mortgages.
I wonder how the holders of the primary mortgages feel about this idiocy.
I agree with you 100%, but one interesting angle to this story is that these holders of second mortgages appear to be trying to effectively turn these loans into primary mortgages. I wonder how the holders of the primary mortgages feel about this idiocy.
That is the true point of this article. THE RULES HAVE CHANGED, AGAIN.
More of that HOPE AND CHANGE.