shortsale: Bailouts Bids Benefit Banks but Borrowers Being Abandoned - 10/01/08 08:03 AM
Why are we bailing out the banks when consumers were duped into the cruddy loan products the banks sold them...? (At least some of them were "up-sold" the ARM or some other ridiculous loan, perhaps with an inflated Debt/Income ratio as an added bonus?) Why should businesses be saved when consumers will lose their homes? The whole mess came about because loans were made that shouldn't have been made... (hundreds of thousands of loans, maybe even millions of them!) The facts are:
Buyers should come in with down payment, Home prices should be set at an affordable level (by offering sound … (7 comments)

 
Benjamin Clark, Buyer's Agent - Certified Negotiation Expert (Homebuyer Representation, Inc.)

Benjamin Clark

Buyer's Agent - Certified Negotiation Expert

Salt Lake City, UT

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