Reply #25: I'm at the back end of the mortgage debacle. [View All]

[YellowRubberDuckie]

I get to see what happens after the house goes to foreclosure, but I've worked in Loss Mitigation, Foreclosure, and Insurance for the mortgage company. I have a good idea of the default side of the mortgage business. There were several people who were just dumb as hell and should have known better. You can't make 12 bucks per hour and buy a 500,000 dollar house. They know this. And it's their own fault for falling for the predatory lenders. AND people don't read their mortgages.
Yes, there is some shady shit going down, and there are good people getting screwed, and my heart goes out to them, but this kind of shit like what happened in the OP is not going to get anything changed. And ACORN is shady themselves, only in a different way.
Duckie