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Post# of 575064
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arizona1

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arizona1

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Re: dickmilde post# 120189

Sunday, 12/12/2010 8:58:31 PM

Sunday, December 12, 2010 8:58:31 PM

Post# of 575064
The end result is that the property is owned by someone that can afford it rather than someone that can't... and the banks take a loss on the property

If the banks had reduced the principle to what they're selling it for now, the people who signed the original mortgage could afford to stay in their homes.

It's not rocket science, dick!!
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