By: Peter J. Pike, Esq.
They keep coming back to the “moral hazard”. This is pure baloney as far as I am concerned. There is always the moral hazard of someone strategically defaulting in order to obtain the rate reductions...
View ArticleBy: Heather
awesome. RESPONSIBLE homeowners get helped but IRRESPONSIBLE ones don’t. However if you are a coke-fueled frat-boy gambling addict entitled to membership in every 12 step program from gamblers to sex...
View ArticleBy: Kimberli Wilson
Collective “Moral Hazards” is the entire reason for the economic collapse Edward Demarco, “Director” of Fannie Mae. Edward, are you really saying that principle reduction should not be considered...
View ArticleBy: John
I bet scam companies offering the lower debt and payments will be coming out of the woodwork. The point still is and always will be, who has the note and with all the selling of your mortgage and note,...
View ArticleBy: Steve
The time for dissent is now. The warnings are everywhere, the FHFA, the Treasury and the Banks are all on the same team, they prefer debt servitude and profit over any sense of morality. Fight these...
View ArticleBy: Ken Hansen
In reply to <a href="https://4closurefraud.org/2012/07/31/fhfa-review-of-options-available-for-underwater-borrowers-and-principal-forgiveness/#comment-397894">Peter J. Pike, Esq.</a>. I...
View ArticleBy: ali
In reply to <a href="https://4closurefraud.org/2012/07/31/fhfa-review-of-options-available-for-underwater-borrowers-and-principal-forgiveness/#comment-397901">John</a>. Don't look now but...
View ArticleBy: indio007
This statement is load of crap. “Simply put, they entered into financial contracts, effectively agreeing that the house was worth to them what they had borrowed (or more) and that they had the...
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