honor?
there is no honor in paying a sucker price financing.
The housing prices were inflated based on a con game.
breaking the con game is just as honorable. If you find out someone sold you the golden gate bridge, you argument would require the their continue to recieve payments.
there is no honor for fools.
“breaking the con game is just as honorable. If you find out someone sold you the golden gate bridge, you argument would require the their continue to recieve payments.”
Oh, no. That “honor” argument wasn’t mine at all and I do not support it. I totally agree with you about suckers and the suckers market known as the mortgage industry.
How about if you borrowed the money to buy the Golden Gate Bridge from a lender who didn't sell the bridge to you, and didn't care if you bought it or something else? When you find out the Bridge is not yours, is it your right to stop paying the lender?
People need to stop equating the banks with the person who sold them inflated homes in a bubble market.