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Posted by: crghss 11 months, 2 weeks ago

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    crghss11 months, 2 weeks ago

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    This is terrible. If you paid to much for your house then so be it. We must let the market run it's course. If you want to change anything make it easier for people to recover from Bankruptcy and start over. You start adjusting the principle balance on people's homes, where does it start and where does it end. If this practice is put in place then we'll all stop paying our mortgages go to court and get our principle adjusted down.

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      earthlingerer11 months, 2 weeks ago

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      That's perfectly right. If a bank gives out a loan to someone unqualified, and then the person is unable to pay, let them go bankrupt and serve the steaming platter right to the bank. Let them eat some of that turd sandwich for making the loan.

      If you can't do business right, you should be penalized, not bailed out.

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