http://www.therealestatebloggers.com/2009/01/06/new-congress-looks-to-add-mortgage-debt-to-bankruptcies-big-mistake/ Real Estate Blog, Mortgage, and Development News Fri, 20 Nov 2009 23:48:48 -0600 http://wordpress.org/?v=2.8.6 hourly 1 http://www.therealestatebloggers.com/2009/01/06/new-congress-looks-to-add-mortgage-debt-to-bankruptcies-big-mistake/comment-page-1/#comment-414473 JXL12 Fri, 23 Oct 2009 13:30:29 +0000 http://www.therealestatebloggers.com/2009/01/06/new-congress-looks-to-add-mortgage-debt-to-bankruptcies-big-mistake/#comment-414473 Moving on, we have the inspiring response of the police to the online publishing of one of the Mohammed cartoons by the British magazine, The Liberal. , Moving on, we have the inspiring response of the police to the online publishing of one of the Mohammed cartoons by the British magazine, The Liberal. ,

]]> http://www.therealestatebloggers.com/2009/01/06/new-congress-looks-to-add-mortgage-debt-to-bankruptcies-big-mistake/comment-page-1/#comment-325665 Ditech Home Loans Thu, 08 Jan 2009 21:02:26 +0000 http://www.therealestatebloggers.com/2009/01/06/new-congress-looks-to-add-mortgage-debt-to-bankruptcies-big-mistake/#comment-325665 It seems that this legislation would largely affect distressed loans currently in servicing portfolios rather than new home loans, since most lenders have returned to conservative underwriting guidelines. It seems that this legislation would largely affect distressed loans currently in servicing portfolios rather than new home loans, since most lenders have returned to conservative underwriting guidelines.

]]> http://www.therealestatebloggers.com/2009/01/06/new-congress-looks-to-add-mortgage-debt-to-bankruptcies-big-mistake/comment-page-1/#comment-324377 Jackson Hole Real Estate Broker Rick Armstrong Tue, 06 Jan 2009 19:59:13 +0000 http://www.therealestatebloggers.com/2009/01/06/new-congress-looks-to-add-mortgage-debt-to-bankruptcies-big-mistake/#comment-324377 It is possible that you are right. I do believe the solution is (what is happening now) allowing home mortgagees the ability to lower their monthly payment into a rate they can afford. This sounds like a more credit crunching tactic. By the way having been on the other side of someone going bankrupt and losing 60k with no recourse. I have one thing to say. People who don't pay their bills should be required to payback all debt instead of hiding behind bankruptcy. It is possible that you are right. I do believe the solution is (what is happening now) allowing home mortgagees the ability to lower their monthly payment into a rate they can afford. This sounds like a more credit crunching tactic. By the way having been on the other side of someone going bankrupt and losing 60k with no recourse. I have one thing to say. People who don’t pay their bills should be required to payback all debt instead of hiding behind bankruptcy.

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