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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Isn't this what the bank have done? Posted by Frank on April 15, 2009 at 7:01 AM In Reply to: Re: CA Situation posted by Rick, the Probate Guy on April 13, 2009 at 2:59 PM When large institutional lenders do this exact thing its in the best interest of the economy, when a homeowner suggests its in the best interest of his economy many feel he's less than honorable. (The Countrywide guys even more so, they take millions in severance from BofA, walk and buy discounted notes after being major players in generating the problem, that's capitolism!) Why the double standard? Tim throw another log on the pile and get into a lease option with an REO investor. You get a home at a good value, the investor makes $$, toxic debt is removed from the books, and one more grain of sand is put in the hourglass. Follow Ups: Who's responsible for market timing error? CC in OC 10:46 AM, 04/15/09 (1) Too big to fail!? Frank 1:20 PM, 04/15/09 (0) Post a Followup: Name : E-Mail : Subject : Comments: : When large institutional lenders do this exact thing its in the best interest of the economy, when a homeowner suggests its in the best interest of his economy many feel he's less than honorable. : (The Countrywide guys even more so, they take millions in severance from BofA, walk and buy discounted notes after being major players in generating the problem, that's capitolism!) : Why the double standard? : Tim throw another log on the pile and get into a lease option with an REO investor. You get a home at a good value, the investor makes $$, toxic debt is removed from the books, and one more grain of sand is put in the hourglass. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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