SteveGangi
V.I.P. Member
- Joined
- May 19, 2010
- Messages
- 38,494
- Reaction score
- 79,946
Just feed the old people to the dogs, right? Jesus, who raised you, wolves?
I doubt it - wolves tend to support and defend their pack members.
Just feed the old people to the dogs, right? Jesus, who raised you, wolves?
This is the only information google turned up for me. Kind of what I expected. Hopefully they have other family members that are stepping in.
Yeah I read about that, but it's a very small portion of actual mortgages this has happened to. It's a sad thing, but it's almost for sure not the case here.
More than likely the case is this lady and her daughter re-financed at least once (they were there for 54 years) for a quick buck, rather than paying off their house. There's cases of this across the country pre-collapse...and now they can't afford it. People re-financing to get out of a jam was and is retarded. If you can't afford your house, you should have sold it and moved into a smaller house. Not whined to the taxpayer that you've ****ed up repeatedly and can't afford your home anymore. I have no sympathy for those people, as I said earlier.
I feel sorry that lots of people are so uneducated that they jump at the sign of "free money" when in actuality it's credit that they will most likely not be able to pay off. Some people need to learn this the hard way, and that's their problem, not mine or yours (taxpayer).
You're right, it's not black and white, so stop thinking everyone is innocent. Most of the problem was the bad mortgages given out by the banks you listed, as well as the fannie/freddie problem. That was most of the problem, the banks are very bad.Sorry, Morrow. It's just not that simple. Everything isn't black or white, but many shades of grey and illegal activities by some of the major banks.
And I've never read once that anyone being evicted for not paying their mortgage has whined to the average taxpayer to bail them out. I do, however, remember Citigroup, BofA, Wells Fargo, etc. doing just that.
Again...I thought you'd been paying attention for the last few years.
And who raised you, kiddo? Ma and pa entitlement society? If someone can't afford their mortgage, don't re-finance to a worse mortgage for a quick buck, get into an apartment or cheaper home. Sheesh.Just feed the old people to the dogs, right? Jesus, who raised you, wolves?
Another part of the problem was people being retarded and re-financing for a quick buck, or getting into terrible mortgages they couldn't afford voluntarily, and then complaining later on they can't afford it but it's "wrong to kick them out" (thus the taxpayer bails them out).
Maybe they got suckered into one of them reverse mortgages.
How many years ago, and was he the owner of the property? This still doesn't sound quite right.
Just looking at this sliver of info and assuming the worst, if some relative of mine took out a mortage on MY house and then defaulted, getting me kicked out, I'd shoot him AND the banker who made the loan. At 104 wtf are they gonna do - give me life?![]()
And who raised you, kiddo? Ma and pa entitlement society? If someone can't afford their mortgage, don't re-finance to a worse mortgage for a quick buck, get into an apartment or cheaper home. Sheesh.
The banks are terrible, but a lot of idiots signed into bad mortgages and re-financing too. Open your eyes, son!
I'm not your son, boy.
You need to do some serious soul-searching if you're cool with kicking a 103-year old woman to the curb.
[email protected], I laughed my ass off. Good comeback
So it's the person that counts, not the act of right vs wrong? If it was a middle aged person it would be OK? Sounds to me like you're into descrimination!
Another part of the problem was people being retarded and re-financing for a quick buck, or getting into terrible mortgages they couldn't afford voluntarily, and then complaining later on they can't afford it but it's "wrong to kick them out" (thus the taxpayer bails them out). If you've never seen or heard of that, it's you that hasn't been paying attention for the past few years.
While it is true that most people are uneducated when it comes to fiscal responsibility, no one held a gun to their head saying sign on the dotted line.Should the homeowner bear some responsibility? Sure, to some degree. But I also believe in ethical business practice. These mortgage companies and banks giving out these loans knew exactly what they were doing, and it was far from ethical.
Considering how long the residents have been living there, it might be safe to guess that the grandson was given a loan on the house which was co-signed for by the owner(s). I don't know for sure but if I had to guess I'd say this is a case of a deadbeat grandson taking advantage of granny's generosity.
While it is true that most people are uneducated when it comes to fiscal responsibility, no one held a gun to their head saying sign on the dotted line.
No one dead that when I bought my home.
People like to hear what they want to hear. Loan sharks take advantage of that. Always have, always will. Predatory lending is the same. People wanted the quick buck instead of the responsible purchase or rental.
They bear the majority of the responsibility. Stop defending them. They are no better than the evil/corrupt banks.
So it's a "heroic act" to NOT evict people that aren't making their mortgage payments?!
Yep, just roll that over to the taxpayers, thanks the honorable thing!
I'd way rather see people standing up to the gov...rather than helping tax evaders.
I have no sympathy for people that repeatedly make terrible financial decisions, and then want to get bailed out by the taxpayer. No one held a gun to my head saying I needed to refinance my condo to a bad mortgage. Personal responsibility.
So it's a "heroic act" to NOT evict people that aren't making their mortgage payments?!
Yep, just roll that over to the taxpayers, thanks the honorable thing!
I'd way rather see people standing up to the gov...rather than helping tax evaders.