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I'm reading all of these hardship vs. loser comments and I only want to mention one thing - if you bought your house for no money down with 106 percent financing and you have no skin in the game, and your mortgage resets to 75 percent of your gross income, are you a homeowner, or a person who put himself in the chains of slavery just to give a mortgage or real estate broker a commission?
Jun 23 21:09 pm
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All Comments by Jimmy Lathrop »Big Banks in Trouble: Huge Mortgage Write-Downs Seem Inevitable [View article]