www.consumerwarningnetwork.com Here’s the insanity of the mortgage mess created by lenders: a homeowner gets behind a few payments, gets back on her feet and when she tries to pay, the check is returned. The lender decides it doesn’t want the homeowner’s money. No, it would rather have the taxpayers’ money.
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Anonymous 06.30.09 at 1:36 am
The sub-prime meltdown goes back to 1994, when Clinton created a National Homeownership Strategy that got risky borrowers to take out mortgages that they couldn’t pay back. This was a real bad idea. So many houses are getting foreclosed on;That is not a good thing. It is both Clinton’s fault for allowing these loans to be given and the fault of people who are considered risky borrowers for getting these loans.