Comments on: It’s the banks and investors (secondary markets) that are causing this mess. http://loanworkout.org/2008/03/it%e2%80%99s-the-banks-and-investors-secondary-markets-that-are-causing-this-mess/ - Free Mortgage, Auto and Student loan Calculators by LoanWorkout.org Tue, 18 Oct 2011 02:57:27 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: DEBORAH MASCIOLI http://loanworkout.org/2008/03/it%e2%80%99s-the-banks-and-investors-secondary-markets-that-are-causing-this-mess/#comment-4833 DEBORAH MASCIOLI Wed, 23 Apr 2008 17:49:49 +0000 http://loanworkout.org/2008/03/19/it%e2%80%99s-the-banks-and-investors-secondary-markets-that-are-causing-this-mess/#comment-4833 Nothing at all except asked for my mothers maiden name,ss # dob but when they got to mothers maiden name I PUT A STOP TO IT one thing I got out of this phone call from hope-995 is they are not very experianced at what they are doing and that can put some homeowners in a bad situation. Nothing at all except asked for my mothers maiden name,ss # dob but when they got to mothers maiden name I PUT A STOP TO IT
one thing I got out of this phone call from hope-995 is they are not very experianced at what they are doing and that can put some homeowners in a bad situation.

]]> By: Colgano http://loanworkout.org/2008/03/it%e2%80%99s-the-banks-and-investors-secondary-markets-that-are-causing-this-mess/#comment-4835 Colgano Tue, 15 Apr 2008 15:30:13 +0000 http://loanworkout.org/2008/03/19/it%e2%80%99s-the-banks-and-investors-secondary-markets-that-are-causing-this-mess/#comment-4835 So, I decided to call Indymac to find out how they can help me with my ARM loan. After 10 mins on the phone, the rep suggested "If you can't afford to make your monthly payments, you should consider selling your home" I soon realized this was going to be a waste of time. So, I decided to call Indymac to find out how they can help me with my ARM loan. After 10 mins on the phone, the rep suggested “If you can’t afford to make your monthly payments, you should consider selling your home” I soon realized this was going to be a waste of time.

]]> By: Russ http://loanworkout.org/2008/03/it%e2%80%99s-the-banks-and-investors-secondary-markets-that-are-causing-this-mess/#comment-10592 Russ Fri, 04 Apr 2008 16:28:36 +0000 http://loanworkout.org/2008/03/19/it%e2%80%99s-the-banks-and-investors-secondary-markets-that-are-causing-this-mess/#comment-10592 <i>Common sense tells us if we bought a new house 7 years ago, there is no way that in today’s market it should be worth less than 7 years ago. </i> What kind of idiot writes this crap? That's not common sense, that's wishful thinking - wishing that a seven-year trend is the same thing as fact. Common sense is supply and demand. If you bought when demand was high and you try to sell when demand is low, your house will sell for less than what you paid for it. THAT is common sense. Common sense tells us if we bought a new house 7 years ago, there is no way that in today’s market it should be worth less than 7 years ago.

What kind of idiot writes this crap? That’s not common sense, that’s wishful thinking – wishing that a seven-year trend is the same thing as fact.

Common sense is supply and demand. If you bought when demand was high and you try to sell when demand is low, your house will sell for less than what you paid for it. THAT is common sense.

]]> By: Hope Now Sucks | Loan Modification & Home Loan News http://loanworkout.org/2008/03/it%e2%80%99s-the-banks-and-investors-secondary-markets-that-are-causing-this-mess/#comment-4834 Hope Now Sucks | Loan Modification & Home Loan News Thu, 03 Apr 2008 16:19:28 +0000 http://loanworkout.org/2008/03/19/it%e2%80%99s-the-banks-and-investors-secondary-markets-that-are-causing-this-mess/#comment-4834 [...] thought about Hope Now and asked me to forward her some names of homeowners who\'c2\~have contacted the 995 Hope line for Hope Now and what they got, was far from [...] [...] thought about Hope Now and asked me to forward her some names of homeowners who\’c2\~have contacted the 995 Hope line for Hope Now and what they got, was far from [...]

]]> By: LMB http://loanworkout.org/2008/03/it%e2%80%99s-the-banks-and-investors-secondary-markets-that-are-causing-this-mess/#comment-10593 LMB Wed, 26 Mar 2008 02:51:04 +0000 http://loanworkout.org/2008/03/19/it%e2%80%99s-the-banks-and-investors-secondary-markets-that-are-causing-this-mess/#comment-10593 Amen.....now someone publish this in the mainstream media! Not likely! Amen…..now someone publish this in the mainstream media! Not likely!

]]> By: Sharp http://loanworkout.org/2008/03/it%e2%80%99s-the-banks-and-investors-secondary-markets-that-are-causing-this-mess/#comment-10594 Sharp Tue, 25 Mar 2008 02:02:42 +0000 http://loanworkout.org/2008/03/19/it%e2%80%99s-the-banks-and-investors-secondary-markets-that-are-causing-this-mess/#comment-10594 Yes. This is correct. The investor's and bankers and Litton Loan Servicing. Yes. This is correct. The investor’s and bankers and Litton Loan Servicing.

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