With this buy out proposal will it allow people who have faulted on their home loans stay in?
June 18th, 2010 | by James |
David C
With people who got their faulted loans refinanced by Fannie May (or however it’s spelled) buy out the poor credit loans and they are looking at getting the buy out will that mean those who have loans faulted by them stay in their homes they didn’t pay for?
With people who got their faulted loans refinanced by Fannie May (or however it’s spelled) buy out the poor credit loans and they are looking at getting the buy out will that mean those who have loans faulted by them stay in their homes they didn’t pay for?
I mean I have a legit loan through GMAC why can’t I fault on my loan and get my house for free?
I am not sure if this is the truth behind part of the buy out is this true can someone explain?
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2 Responses to “With this buy out proposal will it allow people who have faulted on their home loans stay in?”
By Make Friends on Jun 19, 2010 | Reply
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No. This buyout is for the banks only. The little guy gets dumped on again. Just another republican scam to save big business at the workingman’s expense !
By Home Theater Systems on Jun 19, 2010 | Reply
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Because you are not a member of the entitled who have the govt going out of their way to give them what they want without making them accountable. I would guess you work hard and consider your house payment a priority. I would guess that you did not buy a house you can’t afford.