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Fools Never Learn

Sorceress Wrote: Apr 04, 2013 6:32 PM
I'm looking to upgrade to a mansion. If I get a loan, and then default because I can't possibly pay the mortgage, will I still get to keep the house? Can I make the tax payers pay for it so I can keep it? If it follows me home, can I keep it then? Just because I can't qualify for a loan, why should't I get one? Don't I deserve to live in a manner to which I'd like to become accustomed without having to work for it? What do you mean, don't whine?

Proving that fools never learn, the Obama administration pushes banks to make home loans to people with weaker credit

President Obama’s economic advisers and outside experts say the nation’s much-celebrated housing rebound is leaving too many people behind, including young people looking to buy their first homes and individuals with credit records weakened by the recession.

In response, administration officials say they are working to get banks to lend to a wider range of borrowers by taking...