Recent Comments

1. over 15 years ago on Joel Pett

   Diane, mtg. company’s explained-in detail-that an ARM loan could go to “this” but based on the previous 10 years it has done “this”. Nobody could predict the extent that foreclosure could have on the market. By law mortgage company’s must keep foreclosure at 4% or less. For every 100 loans only 4 could be foreclosures. 5% is not unheard of but when it passes 6% and then edged to 10% NOBODY was prepared for this. Since they were given reams and reams of papers with explanations on it and choose to go to closing then it becomes their problem not mine. I pay my house payment and I certainly don’t want or can afford to pay yours. Yes some mtg. company’s were crooked but the other 99% operated within the law and guidelines set forth at that time. Blame barney franks and chris dodd for insisting the banks make loans to buyers who did not understand, nor wanted to listen, to the explanation that the mortgage payment would constitute 50% of their gross income. Didn’t stop them!! They just wanted that house. Clearly the term “starter home” had no meaning. Just wanted bigger and better. Bail them out and within 6 months they will be back in foreclosure. What then? Another bail out? I personally know a couple across the street who are on the verge of foreclosure. Sure hasn’t stopped the movies or the dining out. So, do I want to pay their mortgage? Hell no. Just for the record I have been in the mortgage business as an underwriter since 1983.

2. over 15 years ago on Scott Stantis

   I think most thinking people see it this way. Why else do they run around with ski masks on? Sure wouldn’t want to be identified of something they are supposedly so proud of being.

3. over 15 years ago on Steve Breen

   You must be kidding! Lets see all the graves of all the people in Israel who did from the rockets and suicide bombers. They were civilians also.