Comments on: California Foreclosure Moratorium http://loanworkout.org/2009/06/california-foreclosure-moratorium-2/ Loan Modification & Home Loan News Fri, 20 Nov 2009 12:55:43 -0700 http://wordpress.org/?v=2.8.6 hourly 1 By: mike http://loanworkout.org/2009/06/california-foreclosure-moratorium-2/#comment-17968 mike Wed, 11 Nov 2009 02:28:44 +0000 http://loanworkout.org/?p=4497#comment-17968 Half a mill at 1500 a month. Are you stupid? Do the math bimbo that could never happen no matter what scenario you come up with. I guess you never graduated college or probably HS. 500k a month at interest only at5.675 is 3400 with property taxes. Even if you subtract the prop taxes it is still 2500. Half a mill at 1500 a month. Are you stupid? Do the math bimbo that could never happen no matter what scenario you come up with. I guess you never graduated college or probably HS. 500k a month at interest only at5.675 is 3400 with property taxes. Even if you subtract the prop taxes it is still 2500.

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]]> By: janet http://loanworkout.org/2009/06/california-foreclosure-moratorium-2/#comment-15806 janet Thu, 23 Jul 2009 16:22:31 +0000 http://loanworkout.org/?p=4497#comment-15806 Shitty plans, Shitty borrowers that think they can lower their payment when they arleady are at the lowest they can be. I mean be freakin reasonable that the banks are attempting to do all they can but when you deal with a borrower that has a 500k loan and a payment of 1500.00 it simply impossible to reduce the payment.They are on negative arm loans and should of never gone into them. Normal calculation would tell you that is not a normal payment on half a mill loan. Borrowers that are not in a financial hardship claim to have one just jumping into the bandwagon making it harder for those who really need the help!!!!! Shitty plans, Shitty borrowers that think they can lower their payment when they arleady are at the lowest they can be. I mean be freakin reasonable that the banks are attempting to do all they can but when you deal with a borrower that has a 500k loan and a payment of 1500.00 it simply impossible to reduce the payment.They are on negative arm loans and should of never gone into them. Normal calculation would tell you that is not a normal payment on half a mill loan. Borrowers that are not in a financial hardship claim to have one just jumping into the bandwagon making it harder for those who really need the help!!!!!

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