Why are all the people that rushed to Sub-Prime Loans Crying now?

March 31st, 2009 | by admin |
Bunny D. asked:


Sub-Prime Loans: Stated Income (nothing to back it up), Interest Only, ARM’s, Balloons, and you quickly signed on the dotted lines that you would repay……………Why are they crying now? What did they think would happen if you “Bet on the Come”…..and the “Come does not Come, and Turns South.”….???? Was anyone at Home here? Why do they want our country to bail them out?

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  • What is the worry about sub-prime, if the home owner dont pay the home gets repossed?
  • Why is the market reacting so negatively to the sub-prime lending issues?
  • Should I Steer Clear of Sub Prime Loans?
  • Who supported giving sub prime loans that tanked this economy?
  • Sub Prime Personal Loans – Beware of Scamsters
  • Are Sub-Prime Foreclosures High Because People Lost Their Jobs or Because The Loans Reset to Much Higher Rates
  • Compare Arizona Fha Loans Vs. Arizona Sub Prime Loans

    1. 3 Responses to “Why are all the people that rushed to Sub-Prime Loans Crying now?”

    2. By oldmarine08 on Apr 3, 2009 | Reply

      If you got a NINJA loan then it should be expected to lose the house!

    3. By Shard F on Apr 4, 2009 | Reply

      The stupid or very crafty federal reserve consisting of the market unimpeded by the whole lending climate that was established by the first place in free market unimpeded by the high risk loans would be set by the market not manipulation.

    4. By caliguy_30 on Apr 7, 2009 | Reply

      Because this is the feeling the liberal left wing wants to install in our country. Bail out. Anything you do wrong we will bail you out.
      There is no more responsibility. everybody does whatever they want in the name of respect, freedom and rights and when they screw up they cry and whine and get bailed out! I have seen I don’t know who many time minority groups complain about how loan agencies and banks were fast in refusing loans to Hispanics well i also recently found that a vast majority of those defaulting on their house payments or facing repo are hispanics. But hey rights movement say ,,, give it to them.

    5. By peppersham on Apr 8, 2009 | Reply

      The thing is,do you honestly believe sooooooooo many people were that stupid??one and a half million? I don’t something else went on here,we just haven’t been told or figured it out yet.I am sorry if you have no bank account,no credit,no down payment,how did you buy a 300,000 $ home?You didn’t.I can’t understand why so many believe this LIE because it is a LIE.The bail out is crap it is saving no ones home unless it was some wealthy persons home.The average person still will lose their home.I don’t think we should have even tried a bail out.This was a scheme on a grand scale and someone is to blame not just the people buying homes.Why do I say this? Well because whole city blocks are up for sale,half of some small towns this did not happen by accident But you go right ahead in your safe zone because I think there is more to it myself.People have always bought and sold homes for many diverse reasons but never have so many lost homes for just saying they made a bad investment.

    6. By azred_tx on Apr 10, 2009 | Reply

      The lenderknew they could not afford when the lenderknew they could not afford when the interest rates too low however still have.

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