Re: Update on youwalkaway.com
Posted by jim on September 29, 2008 at 23:33:00:
In Reply to: Re: Update on youwalkaway.com
Posted by Paul on September 29, 2008 at 14:00:32: Paul,
It's not really as complicated as you make it out to be.
Betting on red or black is fine if you have the resources to cover your potential losses. Contractual obligations requiring you to cover your losses kind of falls into a different category.
When we start to devolve into saying it's the lender's fault people can't afford their loans, then the conversation doesn't really remain productive.
The banking industry has always had issues, some people think it's too restrictive, others think it's way too loose. That's open to debate as long as informational resources are defined.
This board, however, isn't a forum for expanding on theories that don't have much basis in fact.
It appears to me you'd like to explore the potential problems borrowers and the lending industry have seen over the last few years. That's fine, but this isn't really the place for discussion of those kind of theories.
We're here to discuss foreclosure, and it's implications on people, not conspiracy theory.
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