Wow, these people really are stupid. Aw, poor things, their 1.95% rate more than doubled? How could they possibly think they locked in a 1.95% rate for 5 years? If they were dumb enough to think that they could receive a 2% rate while the rest of the country was somewhere around 5.5%, then they are also too dumb to own a home. Whaaaat? McDonalds serves their coffee hot? There was no corporate deception here. This is just more evidence that people will try anything to avoid personal responsibility. I’m glad to hear the outcome.
Anyone who can’t afford a 1.95 interest rate that doubles couldn’t afford the loan in the first place…”There are no fee rides” These people must be idiots.
Then why is the US gov’t wasting our tax dollars in debating about bailing out wall street? Or is Wall Street exempted from personal responsibility because of its network connections and Ivy League education? Maybe the US Gov’t should listen to the outcome of this case and apply it to all citizens and corporations of the US, not just a selected few.
You mean like AIG, who found out that you might actually have to pay off a CDS, yet didn’t reserve a dime for it? And then they went to the Treasury begging for a big loan to carry them over? Yeah those guys sure were a bunch of rocket scientists!
This is simply a case of people not taking personal responsibility for their stupid actions. Read the agreement! You had a closing lawyer, sue him or her too for not telling you. Sue the realtor and title insurance company too you pathetic pieces of crap. What’s next, suing the credit card companies for an introductory offer of a low rate? Is that too complicated too? If people would take responsibility for their decisions, we would not have this financial mess. You bought a house, now pay for it!
Hey since I don’t own a house, can I sue someone to have to buy me one? I’m pretty sure someone owes me a house. I promise to pay taxes. I promise to consume so I am an asset to the American Economy. Maybe I’ll write Mr Bush a letter stating if he doesn’t have the government buy me a house, I’ll move to Canada and pay taxes there. Isn’t that the American way?
I think it is time consumers started looking at what things actually cost. NOT JUST WHAT THEY COST PER MONTH! If these people had they would have known they could not afford the home. Incidently that might work for large corporations also. Leverage does not always hurt, it just hurts if you are stupid.
I think it’s pretty naive to think lenders were not to blame in this. You really think the lenders or mortgage brokers were saying to people, “Well, you probably really can’t afford this”? Of course not. Yes, there’s a degree of personal responsibility – but – the lenders violated the public trust because of GREED.
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Poor Mr and Mrs Andrews..too dumb to understand the loan they were taking but smart enough to hire a lawyer…Idiots!
Wow, these people really are stupid. Aw, poor things, their 1.95% rate more than doubled? How could they possibly think they locked in a 1.95% rate for 5 years? If they were dumb enough to think that they could receive a 2% rate while the rest of the country was somewhere around 5.5%, then they are also too dumb to own a home. Whaaaat? McDonalds serves their coffee hot? There was no corporate deception here. This is just more evidence that people will try anything to avoid personal responsibility. I’m glad to hear the outcome.
Anyone who can’t afford a 1.95 interest rate that doubles couldn’t afford the loan in the first place…”There are no fee rides” These people must be idiots.
Then why is the US gov’t wasting our tax dollars in debating about bailing out wall street? Or is Wall Street exempted from personal responsibility because of its network connections and Ivy League education? Maybe the US Gov’t should listen to the outcome of this case and apply it to all citizens and corporations of the US, not just a selected few.
You mean like AIG, who found out that you might actually have to pay off a CDS, yet didn’t reserve a dime for it? And then they went to the Treasury begging for a big loan to carry them over? Yeah those guys sure were a bunch of rocket scientists!
This is simply a case of people not taking personal responsibility for their stupid actions. Read the agreement! You had a closing lawyer, sue him or her too for not telling you. Sue the realtor and title insurance company too you pathetic pieces of crap. What’s next, suing the credit card companies for an introductory offer of a low rate? Is that too complicated too? If people would take responsibility for their decisions, we would not have this financial mess. You bought a house, now pay for it!
Hey since I don’t own a house, can I sue someone to have to buy me one? I’m pretty sure someone owes me a house. I promise to pay taxes. I promise to consume so I am an asset to the American Economy. Maybe I’ll write Mr Bush a letter stating if he doesn’t have the government buy me a house, I’ll move to Canada and pay taxes there. Isn’t that the American way?
I think it is time consumers started looking at what things actually cost. NOT JUST WHAT THEY COST PER MONTH! If these people had they would have known they could not afford the home. Incidently that might work for large corporations also. Leverage does not always hurt, it just hurts if you are stupid.
I think it’s pretty naive to think lenders were not to blame in this. You really think the lenders or mortgage brokers were saying to people, “Well, you probably really can’t afford this”? Of course not. Yes, there’s a degree of personal responsibility – but – the lenders violated the public trust because of GREED.
Here we go again. Big Banks’ lawyers got to the Judge.