Comments on: The Answers to Our Country’s Housing Crisis http://loanworkout.org/2007/08/the-answers-to-our-countrys-housing-crisis/ Loan Modification & Home Loan News Sat, 20 Mar 2010 15:31:56 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: Moe http://loanworkout.org/2007/08/the-answers-to-our-countrys-housing-crisis/#comment-6371 Moe Wed, 29 Aug 2007 22:08:39 +0000 http://loanworkout.org/2007/08/26/the-answers-to-our-countrys-housing-crisis/#comment-6371 There will be some big people going down I'm sure over the next couple of years. Media is good to show how bad the problem is and get the message to congress to do something. However, it's all doom and gloom with now real solutions being reported on. Some people were definitely irresponsible and mad bad choices. Some people were taken advantage of and they need to be worked with and so do the people in ARM's that are exploding. I believe that there needs to be a huge "mediation" workout plan that needs to be orchestrated by the government to lesson the collateral damage and protect the economy. There will be some big people going down I’m sure over the next couple of years. Media is good to show how bad the problem is and get the message to congress to do something. However, it’s all doom and gloom with now real solutions being reported on. Some people were definitely irresponsible and mad bad choices. Some people were taken advantage of and they need to be worked with and so do the people in ARM’s that are exploding. I believe that there needs to be a huge “mediation” workout plan that needs to be orchestrated by the government to lesson the collateral damage and protect the economy.

]]> By: S http://loanworkout.org/2007/08/the-answers-to-our-countrys-housing-crisis/#comment-6370 S Wed, 29 Aug 2007 06:00:35 +0000 http://loanworkout.org/2007/08/26/the-answers-to-our-countrys-housing-crisis/#comment-6370 I hope so but these white collar criminals always seems to get off with just a slap on the wrist. I glad to see all this nonsense in the media though. People NEED to know what is going on behind the scenes and just how many people got screwed. And can I just say how sick and tired I am of hearing that the people screwed were irresponsible, ignorant and greedy and that they deserve to loose their house. I'll step off my soap box for now but I just have to say I hope we keep hearing about all this until it finally sinks in with the people that can actually do something about it. I hope so but these white collar criminals always seems to get off with just a slap on the wrist. I glad to see all this nonsense in the media though. People NEED to know what is going on behind the scenes and just how many people got screwed. And can I just say how sick and tired I am of hearing that the people screwed were irresponsible, ignorant and greedy and that they deserve to loose their house. I’ll step off my soap box for now but I just have to say I hope we keep hearing about all this until it finally sinks in with the people that can actually do something about it.

]]> By: Moe http://loanworkout.org/2007/08/the-answers-to-our-countrys-housing-crisis/#comment-6369 Moe Tue, 28 Aug 2007 21:46:04 +0000 http://loanworkout.org/2007/08/26/the-answers-to-our-countrys-housing-crisis/#comment-6369 Thanks for the article. I read it when it came out and this is how they operated and several other lenders over the last few years. The wild, wild west and snake oil pitches. The truth will come out in the end and the people who committed fraud will go down big time along with all of the predatory lenders who preyed on borrowers daily. Thanks for the article. I read it when it came out and this is how they operated and several other lenders over the last few years. The wild, wild west and snake oil pitches. The truth will come out in the end and the people who committed fraud will go down big time along with all of the predatory lenders who preyed on borrowers daily.

]]> By: s http://loanworkout.org/2007/08/the-answers-to-our-countrys-housing-crisis/#comment-6368 s Tue, 28 Aug 2007 19:03:49 +0000 http://loanworkout.org/2007/08/26/the-answers-to-our-countrys-housing-crisis/#comment-6368 It seems as though all the media outlets get it but how come the lenders won't budge? A friend sent this article to me about countrywide...I am just sick to my stomach after reading this. Countrywide is like the Enron of the mortgage world. Greed, corruption and bad business that destroy the little people. Ugh I hate Countrywide!<br /><br /><a href="http://www.nytimes.com/2007/08/26/business/yourmoney/26country.html?pagewanted=1&ei=5087%0A&em&en=44bdb6aa047ed4b7&ex=1188446400" rel="nofollow">http://www.nytimes.com/2007/08/26/business/yourmoney/26country.html?pagewanted=1&ei=5087%0A&em&en=44bdb6aa047ed4b7&ex=1188446400</a> It seems as though all the media outlets get it but how come the lenders won’t budge? A friend sent this article to me about countrywide…I am just sick to my stomach after reading this. Countrywide is like the Enron of the mortgage world. Greed, corruption and bad business that destroy the little people. Ugh I hate Countrywide!

http://www.nytimes.com/2007/08/26/business/yourmoney/26country.html?pagewanted=1&ei=5087&em&en=44bdb6aa047ed4b7&ex=1188446400

]]> By: s http://loanworkout.org/2007/08/the-answers-to-our-countrys-housing-crisis/#comment-6367 s Tue, 28 Aug 2007 17:48:12 +0000 http://loanworkout.org/2007/08/26/the-answers-to-our-countrys-housing-crisis/#comment-6367 It seems as though all the media outlets get it but how come the lenders won't budge? A friend sent this article to me about countrywide...I am just sick to my stomach after reading this. Countrywide is like the Enron of the mortgage world. Greed, corruption and bad business that destroy the little people. Ugh I hate Countrywide!<br /><br /><a href="http://www.nytimes.com/2007/08/26/business/yourmoney/26country.html?pagewanted=1&ei=5087%0A&em&en=44bdb6aa047ed4b7&ex=1188446400" rel="nofollow">http://www.nytimes.com/2007/08/26/business/yourmoney/26country.html?pagewanted=1&ei=5087%0A&em&en=44bdb6aa047ed4b7&ex=1188446400</a> It seems as though all the media outlets get it but how come the lenders won’t budge? A friend sent this article to me about countrywide…I am just sick to my stomach after reading this. Countrywide is like the Enron of the mortgage world. Greed, corruption and bad business that destroy the little people. Ugh I hate Countrywide!

http://www.nytimes.com/2007/08/26/business/yourmoney/26country.html?pagewanted=1&ei=5087&em&en=44bdb6aa047ed4b7&ex=1188446400

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