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Desperate Measures to Avoid Foreclosure

October 29th, 2008 · 2 Comments

Here’s one determined housewife. Facing foreclosure, homeowner June Reyno chained herself to her house. I can’t say it’s the most effective way to get the job done, but you gotta love her determination.

Tags: Foreclosures · Real Estate Oddities

2 responses so far ↓

  • 1 dd // Nov 1, 2008 at 8:56 pm

    The Federal mortgage plan and bailout would reward the reckless and punish the prudent and seemingly supported by you and your organization

    Consider the lesson it imparts to promote bailouts to cheats like June Reyno . City by city, neighborhood by neighborhood, people who live beneath their means and manage money carefully will see more careless neighbors supported by federal decree and demand by irresponsible organizations like you. Those who are current on mortgage payments, but still squeezed, may be tempted to let two or three payments slide, so they can negotiate money-saving terms on their own mortgages as they see cheats like June Reyno get a bailout.

    We are becoming a nation of people who feel it is not only okay but justified to cheat, lie, and swindle each other and the rest of the population. Personal responsibility is discouraged by the government and the mainstream media. White collar crimes are rarely prosecuted because FBI is so stretched. Our nation is eating ourselves from within just to keep a facade of prosperity. Hope is being replaced by anger and desperation. Welcome to the new dawn.

  • 2 Hojin Chang // Nov 10, 2008 at 12:15 pm

    I do not believe it is OK to cheat. I believe unscrupulous lenders who took advantage of the government’s initiatives to make it possible for everyone to own a home.

    That being said, we can not allow the financial institutions in our country to continue to be in jeopardy and going under. We learned this in the Great Depression.

    No matter how we feel about it, we have to rescue them.