Are delinquent mortgage squatters victims of intransigent banks?
https://kevinreillycollection.com/ewtgbuco People who aren't paying their mortgages are portrayed as victims of evil bankers, but if people aren't paying their mortgages, can we really say they are victims? I recently wrote about a man who delivered his demolished house to repossessing bank. In that post, I recounted my belief that lenders are more culpable than borrowers in the housing debacle; however, that doesn't absolve borrowers of all responsibility for their actions. Barry Ritholtz in Bailout Nation listed those he blames for the housing bubble, and lenders are higher up the list than borrowers; however, Mr. Ritholtz goes on, “Regardless of how low rates got, the fact remains that many borrowers took out mortgages regardless of their own ability to repay the…[READ MORE]https://missafricausa.org/qwmmczql