Lawmakers Demand Wray Correct the Record
Republicans Call Out Dems for Latest Trump Conspiracy Theory
An Honorary Squad Member Runs for President
Biden Justice Department Agrees to a Disgraceful Settlement With Lisa Page and Peter...
Harris Finally Nabs One Crucial But Expected Endorsement
What Trump Told Netanyahu at Mar-a-Lago
Another Day Another Fresh Lie in the Press About Kamala's Past
Speaker Mike Johnson Puts Kamala Harris' Border Failures on Full Display
Trump Announces Plans to Return to the Site of His Would-Be Assassination
Is Gavin Newsom's Latest PR Stunt a Way to Secure Himself a Seat...
Kamala Harris Sits Down With Drag Pro-Palestine Advocates While Boycotting Netanyahu’s Vis...
Kamala Harris' Roadmap to the White House Left Out a Very Crucial Aspect
Dave McCormick's Ad Tying Bob Casey Jr to Kamala Harris Will Run During...
Why One Name Being Considered for the Trump Assassination Attempt Task Force Is...
Was Kamala Harris Complicit in Covering Up for Joe Biden? This Poll Is...
Tipsheet

Foreclosures Are More Costly Than Restructuring Loans At 2%

That's down from a cool 12 or 14% in some cases. Banks are even forgiving the entirety of what a homeowner owes, and giving delinquent homeowners their homes for free. From
Advertisement
CNN Money:
In the case of the Servis, their house had lost perhaps 40% of its value since they purchased it five years ago. Repossessing the home would have cost Wells Fargo more than $100,000 in lost value alone, plus the legal expenses, commissions, taxes and other expenses the bank would have incurred.
Rush Limbaugh's reaction:
Now, what you have to conclude from this is that there's only one word for the poor slobs who are still paying their mortgages at their full rate, and that is "suckers."  So not only are you paying health care for people who do not work, there are people getting mortgage relief and it's being paid for by you as well.  Learn it, love it, live it. 

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement