Comments on: U.S. Home Foreclosures Keep Rising

Number Of Filings In April Up 65 Percent From Previous Year

[seafang]

Hey forthepeopl1, there''s a little rectangular button on the left side of your keyboard, just above the Shift key; Push it!

So these speculator dogs in the manger who bought houses just to stop someone else from being able to buy it; the flippers they call themsleves, are now facing problems. Well tough sh*t. You are the one who overpaid for the house; which you weren''t even going to live in and then you couldn''t make the payments. Well those are the breaks.

You were betting there was someone even dumber than you are, who was willing to pay even more for your overpriced house. Well there isn''t so you deserve what you got. And no, I am not interested in making your mortgage payment for you.
If it wasn''t for speculators like you, lots of decent people would be able to afford their own homes.

[msay3]

i am not paying my mortgage as long as Bush is president!!! that will show him

Posted by jamesm12341 at 05:01 PM : May 14, 2008

Now that''s really going to crush W, isn''t it? Do you think he cares?

[msay3]

forthepeopl1: When buying a house there are key questions one should ask...
1. is the interest rate fixed?
2. is there a pre-payment penalty?
3. are there any balloon payments?
4. what is the whole monthly payment, i.e., principal, hazard insurance, homeowner''s insurance and property taxes. All of the above should be included in the home buyer''s budget. If you don''t like any of the answers, DON''T BUY!!!!

[drivelphobe]

The news just keeps getting better. Anyone who bought a home and is worried because the value has gone down, is deserving of adverse consequences because they bought it for the wrong reason, as an opportunistic investment. You buy a home to live in and the changing value should mean nothing. If it''s purchased as an investment, then the risk is there as with any investment. Let the scumbags who tried to get away with something go down in flames.

[noloyalisti]

I think in the name of uniting against the real enemy which is Wall Street, we should not blame the victims. Just like you can''t blame the ignorant troops who sign up to die for the oil companies, you cannot blame homeowners who were sucked in by the conspiracy of the corporate run government.

Just look at how the normal American thinks about this country and our history. We have been a rogue terrorist state for a long time with our CIA overthrowing democratically elected governments and supporting right wing dictators. This is not taught in school so you have to teach yourself the truth. Not everyone has the time of the inclination, that is why they expect the government to control the corporate rapists and the military, not vice versa.

[msay3]

So I guess the beleaguered home owner is totally blameless in this mortgage fiasco.....Come on, get real!!! People knew what they were getting into...the problem is that they were greedy...Wanted too much house for what they could afford, thought they could beat the odds, and now they face foreclosure....Oh well, get out the pitty potty!!!

[noloyalisti]

This is what terrorists do, ruin the American way of life by outsourcing jobs, throwing people out of their homes, and giving all the money to their corporate masters. Oh yeah, and start wars of conquest for the oil corporations who run the government. Let''s vote for grampy mcBush and have more of the same.

[Razzl]

The ratio of foreclosures to homes roughly mirrors the ratio of inmates to the population, so California can save some money by assigning each foreclosed home an inmate under house arrest to keep an eye on it and tidy the place up. Inmates charged with mortgage fraud get assigned to the smallest houses in the worst neighborhoods...