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Old 03-06-12, 05:34 AM   #1
JU_88
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Default Struggling meet your morgage repayents? -then dont pay.

Seems that banks can no longer be bothered to evict defauting homeowners, as its too much effort and expense for too little reward.

http://www.msnbc.msn.com/id/46620674...s-us_business/
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Old 03-06-12, 02:12 PM   #2
soopaman2
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Trust me that is rare.


The banks want to rival the Catholic Church as the largest property owners in the world.

I got a nasty phone call for being 5 days late on a mortgage for the first time in 8 years. Yes, nasty. Laced with threats, He got pissed when I laughed at him.

He also got his money a day later, then it was all hunky dory.


Not paying is wrong, irresponsible. But they do nothing to mitigate the hate the common man has for them. Nor do they care to, they worship the dollar, not the society the dollar stands upon.

Which is the problem.
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Old 03-06-12, 03:38 PM   #3
August
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Quote:
Originally Posted by JU_88 View Post
Seems that banks can no longer be bothered to evict defauting homeowners, as its too much effort and expense for too little reward.

http://www.msnbc.msn.com/id/46620674...s-us_business/
A temporary situation that will not continue for very long. Anyone following that advice will find themselves on the street soon enough.
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