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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (533420)	11/30/2009 1:48:48 PM
From: tejek	Respond to of 1574680

My point exactly. Particularly when the FMV of those properties won't cover the loan value against which they're pledged. You idiot....they foreclose, take the loss and move on. That's been their MO for years. You'd know that if you got off the farm once in a while.

To: i-node who wrote (533420)	11/30/2009 1:49:55 PM
From: bentway	Read Replies (1) \| Respond to of 1574680

Read the whole post and get the POINT, Asstalker. When the bank throws out a mortgage holder, they OWN the property. In this market, they're not likely to sell it for years..