It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by whoshotJR
reply to post by sligtlyskeptical
Your post is why we are screwed. You have almost zero accountability and it seems you know you signed up for a loan you could probably not afford over the life of the loan.
You mention at the end that they should give all the people with bad loans the edge for being bad and yet nobody ever says we should be taking care and helping the people who a good status. Why shouldn't everyone be able to get that loan then? Whats to protect business if everything if forced to be the same for all groups?
No matter what we are in trouble, if they let everyone off the hook because of bad loans then it cripples the US because its a domino affect of jobs lost and industries built on housing and mortgages. If we do nothing then we will continue down our current path and the people who stay in their houses will lose their value as millions lose their homes.