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Updated almost 15 years ago on . Most recent reply

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82
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Bryan Balk
  • Real Estate Investor
  • Geneva, IL
29
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82
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Does anyone else think this is really F'ed up

Bryan Balk
  • Real Estate Investor
  • Geneva, IL
Posted

And Obama just vetoed a bill that would make it easier for banks to foreclose. Can anyone out there tell me a story about someone that has been paying there mortgage and was accidentally foreclosed on?????? Who is this protecting? Love the philosophy behind this.


http://www.illinoisattorneygeneral.gov/pressroom/2010_10/20101007b.html

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On the news last night: Congress is trying to get a bill passed that will stop foreclosures. Now I can''t remember who said it; just rolled my eyes and went about my business. It would have either been on NBC News or The Nightly Business report because my local news never ever says anything anti-government.

Seems to me that stopping foreclosures amounts to illegal seizure of the bank's assets. Seize the house from the banks, gift it to the deadbeat who won't pay his mortgage.

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