tag:blogger.com,1999:blog-6857759267642690216.post3891093031453435024..comments2010-08-18T18:35:19.985-07:00Comments on ADancingBabyInTheMidnightSun: Change We need to understand IImarkhttp://www.blogger.com/profile/12099567082603118304noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6857759267642690216.post-46560569180847370472008-02-27T18:58:00.000-08:002008-02-27T18:58:00.000-08:00I like this part too:She somehow entered into a pr...I like this part too:<BR/><BR/><I>She somehow entered into a predatory loan</I><BR/><BR/><I>somehow</I>? I don't know about you, but buying a house (I've done it twice now) was one of the longest most grueling processes of my life. I don't think it sneaks up on anyone.Philiphttps://www.blogger.com/profile/06021346110340833907noreply@blogger.comtag:blogger.com,1999:blog-6857759267642690216.post-23539784294882125802008-02-27T18:54:00.000-08:002008-02-27T18:54:00.000-08:00Yeah, I have trouble getting worked up over the "m...Yeah, I have trouble getting worked up over the "mortgage crisis", too. <BR/><BR/>1) You borrow money with some form of collateral (in this case a house) and agree to pay the money back.<BR/>2) You don't pay the money back.<BR/>3) You lose the collateral.<BR/><BR/>This isn't rocket science, its the consequence of living in debt. <BR/><BR/>Now, if you were lied to during the process of financing the house, you might have a class action lawsuit on your hands. But until you demonstrate that, the house belongs to the bank.Philiphttps://www.blogger.com/profile/06021346110340833907noreply@blogger.com