Discussion:Granny Shoots, Wall Street Hoots
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Discussion Forum Index --> General Chat --> Granny Shoots, Wall Street Hoots
| 4 October 2008 | |
| Well, this is the first night in 3 weeks that the Wall Street elite were able to sleep well. Not so for the little widdow who shot herself when the forelosure man finally cornered her.
What a difference time makes. Used to be the Wall Street men jumped out of the windows. Now, they live large, while little widders get to taste the joys of a morphine pump, and a month of intensive antibiotics. Hope the lady recovers. One good thing about this, Fannie forgave her debt. I thought Fannie was already supposed to be working with people? It appears they do work with you, if you shoot yourself. Of course, the Wall Street crowd just had the whole Congress, the President, and the news media working with, and for, them for two solid weeks. Think about it. This should be fiction, but it's not. http://www.ohio.com/news/30240349.html | |
| 4 October 2008 | |
| What irritated me about this was her loans were so insignificant, Fannie Mae could easily have forgiven the debt before the foreclosure process.
This didn't have to happen. I am with you Crow, I hope she makes it. Tom | |
| 4 October 2008 | |
| I don't think they are working with people as they claim they are. Paulson said that Fannie and Freddie would work with people. I was always a bit suspicious of that. It's so much easier for a technocrat to just move a foreclosure (a number) along.
At the same time, the private institutions have carved up pieces of the loans (derivatives), and never had any connection whatsoever with the general public to begin with. They used loan servicers, and again, those servicers where just a bunch of people who did data entry: did they pay or not? Button one, or button two. They could probably save a lot of foreclosures if they would actually make the effort to work with these people. It's the irony here that floors me: they were not interested in her until it was bad publicity, then they stumbled over themselves to help. | |
RoyDaleOne (talk|edits) said: | 4 October 2008 |
| Did Countrywide have a condition of the mortgage a life insurance policy? | |
