Sounds about right. People suckered into thinking they are going to get a freebee, when the reality they will lose the home if they are a day late on a payment. THAT is how the banks will deal with this one.
“Sounds about right. People suckered into thinking they are going to get a freebee, when the reality they will lose the home if they are a day late on a payment. THAT is how the banks will deal with this one.”
Don’t forget about Obama’s buddies. They will walk from this with big money. Obama will walk from it with big dollars or big power of big favors. Nothing like this happens without vig for Dear Leader.