Xenia Ohio Foreclosures Listings
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Lincolnton, TX Foreclosures Listings
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when they were bailed out and we have to be careful with the question of moral hazard with homeowners and a lot of homeowners are strategic defaulters and stay in their homes because they know it takes forever to foreclosure homes and get to live free for a year or two and the same thing with the principal reduction. in some cases that is great and it works, and you have to make sure people can make those payments and a lot of times when they ve modified loans, it turns out the people redefault and can t afford it and can t afford the new payments because they don t have jobs and you have to look at the program and make sure it is not buying more trouble. than we already have. let me there will be people who take advantage of the system, right? but my big question here is, will it help to move the housing, you know, issue in the economy? to an end game? does it push us to that point where we can start to get rid of