it seems like this should be silpme if someone can’t pay, then let them pay lessthe banks will get more money in the long run on interest, right? and people don’t have to lose their homes, right? the banks don’t think so, they want you to loose your home, they know it won’t sell and will sit empty and rot, thats how banks work, your home is worth more to them foreclosed sitting empty for years than it ever could be with you living there making any kind of payment
December 6th, 2012 - 8:24 am
it seems like this should be silpme if someone can’t pay, then let them pay lessthe banks will get more money in the long run on interest, right? and people don’t have to lose their homes, right? the banks don’t think so, they want you to loose your home, they know it won’t sell and will sit empty and rot, thats how banks work, your home is worth more to them foreclosed sitting empty for years than it ever could be with you living there making any kind of payment