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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: GraceZ who wrote (148135)9/19/2008 3:06:24 PM
From: Smiling BobRespond to of 306849
 
America became the 21st century style Sodom and Gomorrah



To: GraceZ who wrote (148135)9/19/2008 3:07:49 PM
From: AhdaRespond to of 306849
 
Actually they gave people money as this created a new source of income. Gone were the days when a person had to go to the bank and prove that they could afford the payments on that loan.

The lenders came to you showing you how easy it was by means of their advertisements to give yourself a more luxurious life.



To: GraceZ who wrote (148135)9/19/2008 3:23:12 PM
From: DebtBombRead Replies (1) | Respond to of 306849
 
Who gave it to them? Twice we received UNSOLICITED cash-out refi checks in the mail for $150,000 each, just sign the back and cash it. I tore the things up as fast as I could. It's bullshit and I'm fed up with the crap. It was entrapment.