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rosecitytransit.org: transit in the rose city...maybe even Rose City Transit

Forclosures (draft)

• Hear complaints that borrowers overextended themselves, or weren't diligent

• What about banks who had no intention of keeping mortgages and didn't care?

• Isn't offering mortgages that borrowers can not afford like selling snake oil?

• Banks making poor decisions effect more people than borrowers who do

• How many involve people who didn't expect to have employment problems?


By Jason McHuff, rctmail@jasonmchuff.net