-
WSJ, 1-5-12, Pg C1: Auto Lenders Speeding Past Mortgage Troubles.
(No mention of this malfeasance in the Roanoke Times)
-
“In the first three quarters of 2010, auto lenders issued roughly 205,000 loans to borrowers whose credit records showed they have been at least 60 days past due on their mortgage”.
-
Here’s the Obama Economic Model at its best. Send government agencies and lawyers to court to stop foreclosures so that folks have money to do other stuff – like buy Government Motors cars.
http://roanokeslant.blogspot.com/2010/02/obamas-gm-government-motors.html
-
And the Roanoke Times is leading Obama’s gross PR machine with 11-7-10 Page-1 lead articles like: Foreclosure system ripe for errors in Virginia.
“One lawyer said flaws are likely common”. This is a front page story? "One lawyer says"? No wonder folks are canceling their subscriptions to the RT. The sad truth is: if you miss paying your mortgage for several months the entire balance is due, which of course, no one can pay! The paper work is simple: you either have you cancelled checks that showed you paid or you don’t!
The proper RT headline should be: if you can’t pay the full amount of your mortgage payment on time, get down to the bank and work with them and try to workout a repayment deal. Why the hell are Obama’s people involved? Oh right, because it’s in his textbook Das Kapital by Karl Marx!
http://roanokeslant.blogspot.com/2010/11/roanoke-times-bats-elections.html
-
-
Good News! Redo Scheduled for Nov 2012
-
http://roanokeslant.blogspot.com/2011/10/obama-going-upside-down-mortgages-again.html
-
http://roanokeslant.blogspot.com/2011/11/barney-franks-subprime-departure.html
-
http://roanokeslant.blogspot.com/2009/08/franking-banks-and-taxpayers.html
-
No comments:
Post a Comment