VicM

WaMu Borrower Purposely Defaults, Gets Foreclosed On, Sues

Upside down.....I don't blame you. The problem seems to be the Gov't basically gave the banking system so much cheap money they had to find ways to give it away so they gave $500,000 loans to people who had no down and no way to make payments. Also causing the housing bubble because instantly everyone became eligiable as a buyer instead of limiting buyers to those who had saved enough for a down payment.