Answer by AnnHenderson at 8:39 AM on May. 5, 2009
Answer by Bmat at 8:41 AM on May. 5, 2009
Answer by AnnHenderson at 9:01 AM on May. 5, 2009
Answer by Anonymous at 9:04 AM on May. 5, 2009
Answer by Anonymous at 9:31 AM on May. 5, 2009
Answer by bolz08 at 9:45 AM on May. 5, 2009
Today Show contributor, Barbara Corchran, practically condoned it this morning. She said the stigma of foreclosure was gone now and that it was an understandable decision, especially since the tax consequences no longer exist either. It made me angry as a neighbor and a tax payer. My mortgage isn't in question here. I was looking for opinions. My personal opinion is that it is morally and ethically wrong. A lot of these people bought their homes at reasonable prices. They then refinanced them when the values rose in order to purchase toys that they still own or to pay off other debt that they would still have and not be able to just walk away from so easily.
Answer by limitedtime at 9:51 AM on May. 5, 2009
Answer by Anonymous at 10:05 AM on May. 5, 2009
Answer by Mangy_Momma at 10:08 AM on May. 5, 2009
Thanks for the interesting question.......just makes me wonder what changed so much in America that we have so little sense of ownership....I'm not talking about people losing jobs, home, everything they worked for.....I'm talking about the idea that everything is someone else's fault or problem.......that goes for everyday people and the big CEOs at the top......people need to stand up, take some blame, and get on with it. Everyone has something to shoulder in the current times...if your biggest problem is your house isn't worth so much right now, you might be out some money.....put on your grown-up pants, pay your mortgage, and show the world that being American means you stand for something!! Sorry and little fired up this morning...coffee kicking in!
Answer by bolz08 at 10:10 AM on May. 5, 2009
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