Proposals for a Depreciating Housing Environment [View article]
Warrior, if you are a soldier, then bless you for your service to the USA, the best country in the world, always has been, always will be. With all due respect for the freedom of speech that you may have fought for, you might want to take a more freedom orientation to your perspective. The worlds great socialists, also have the honor of being the greatest mass durders of all history. Stalin, Mao and their world wide ilk have murdered nearly 100 million people. No other country is anyway near. I like the sound of freedom, better than your form of socialism. But bless you always for your service to the good old USA.
Proposals for a Depreciating Housing Environment [View article]
It seems to me that if the bank is to write off some of the money it loaned to the home owner, that the bank ought to get an equity position in the property, that is infront of the borrowers. I can't see how the bank should not participate in future growth in real estate prices, after forgiving their money to the borrower.
Proposals for a Depreciating Housing Environment [View article]
Proposals for a Depreciating Housing Environment [View article]