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Reply #36: talked to my Dad last night [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
Tsiyu Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-17-10 09:18 AM
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36. talked to my Dad last night


They paid off their home several years ago, on time every month for thirty years. The mortgage was sold and resold = how many times he does not know. When it came time to get the note and have their "mortgage burning ceremony" ( as he calls it) the rep from the mortgage co. claimed they had "lost the mortgage."

They typed him up some form (I have not seen.) Huh? He is worried about the title if and when he decides to sell.

Here, I just decided in 2003 to outright own my shanty and acreage. Have given up many creature comforts to do so, and this place is falling apart, but it's MY "falling apart."

And still, I hope a bunch of Americans get their nice houses free. It would make me smile to think that the greed and laziness and fraud had a happy ending this time.

And imagine how much money would actually go back into the economy when folks are freed from their mortgage payments! It's certain that any income to the banks from foreclosure sales isn't going to ever see the light of this economy's day....

I hope it's Free Houses for Everyone!

About time we used the loopholes to screw them back.





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