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Re: fastlizzy post# 120178

Sunday, 12/12/2010 8:28:56 PM

Sunday, December 12, 2010 8:28:56 PM

Post# of 575022
They will be foreclosed on and then file bankruptcy

If the banks had only modified and recalculated their loans, it seems to me they would have made out way better.

They're getting nothing now while if they had just reduced the principle, they would have made more money and contributed to the salvage of the American economy.

I don't get it.

Obama should have somehow forced the loan modification issue.

sigh

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