coming from a broker/lender standpoint on this subject I can say that the Foreclosure Bus Tour is great idea. You HAVE to get the surplus off the market or it will keep getting worse and never recover. It is becoming an epidemic here in Denver, people are walking away left and right. Are we as lenders and realtors trying to make money of this, yes. However why does that make us evil? Would it be better to let them all sit and be vacant and be vandalized and run all the neighborhoods down? As you can see from the above comments, people are trashing these homes because they made poor decisions. That house just brought down the value in the entire neighborhood because he didn’t read the documents correctly or CHOOSE to igonore them!

The economy cannot recover like that and since this is my career, just like everyone else I need to make money to pay my mortgage too.

Not every broker/lender did the unethical loans. I can say that MOST of the people were very well informed on what they were getting, and they still CHOOSE to go with the cheapest payment they could get and were reminded it wouldn’t stay that way. MOST didn’t care. These people are adults, it is there right to choose and be well informed and MOST were. For those that were douped with bad loans, it is sad I agree. But you hear about all these people who were at the signing table who said “the rate changed or it was interest only and they said it would be fixed” If you notice there is something wrong…..why would you sign anyway? Signing documents that clearly say you are responsible for $200k I would think should be taken very seriously!

I felt the last few paragraphs of the article were relevant, although it did not say the perpetrators were specifically realtors or brokers…I believe that unscrupulous realtors and brokers would or could or are committing the fraud against the already hard hit homeowners…..

If the scammers are stopped in one way, they will always try to find another. I think Chris’s idea is brilliant. Always verify that the person/company you are doing business with is legitimate and in good standing with the regulating authority that oversees them….and ALWAYS, ALWAYS report fraud. It is the only way to stop these guys……

Anyway, it is fowl! My language is all about poultry. Please pardon my grammatical mistake, even I am not perfect! And don’t worry, you will forget about me in a couple of days…

And once again, as far as me being a racist goes… what I said is no worse than the language uttered on your tv shows. Take South Park for example, every other word on that show is jew this and faggot that… Why don’t you write your local cable company a letter and tell them how offended you are?

It’s also nice to know I have gotten under some people’s skin!

It’s also good to know that even though I am a racist, asshole, bigot, you people seem to agree with me.

CTAN…. What makes you think I am a child playing on my moms computer? The fact that I use fowl language or the fact that I am right and you just can’t swallow your pride? So go ahead and call me a punk; you can go Benoit yourself!

And Virginia.. yes, I would give the vast majority of my money to charity. I also volunteer my time delivering meals on wheel to senior citizens… So just because I am taking time out of my day to provoke you people, you still shouldn’t judge a book by it’s cover!

THERE IS MORE TO LIFE THAN MONEY\’e2\’80\’a6
I am also sure that you will put your money where your big mouth is and give all the money you make with your music productions to the downtrodden……right?????

Actually, I think you are full of it. No one who is a successful music producer would spend time on this blog when he/she could be out corrupting our children…..right????