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Reply #48: As much as I cheer, [View All]

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nvme Donating Member (486 posts) Send PM | Profile | Ignore Thu Nov-26-09 02:20 AM
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48. As much as I cheer,
I see this as a dangerous trend. I am all for forcing a cram-down to banks, but this can have chilling effect on lending. I hate greedy bastards that prey on less fortunate people. I see justice as being reducing the terms and maybe some penalty to bank for its intransigence. This will make it harder for little schmucks like me to get loans to maybe buy our homes.
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