my solution to the mortgage crisis

[jah_yout]

allow people fi capture some land and build all a likkle shack pon it if they so choose
even if dem nawnuh electric city or runnin water...cheuh! man an man haffi live

who says people have to be able to buy house or rent house in order to have somewhere to live...
ok so babylonia gov't will never accept this...but

just sayin

[britisha]

Re: my solution to the mortgage crisis

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: jah yout</div><div class="ubbcode-body">allow people fi capture some land and build all a likkle shack pon it if they so choose
even if dem nawnuh electric city or runnin water...cheuh! man an man haffi live

who says people have to be able to buy house or rent house in order to have somewhere to live...
ok so babylonia gov't will never accept this...but

just sayin
</div></div>

Dem haff whole heap a lan fi captcha dung a Louisiana...ongle dat they are snake infested.

[Emperah]

Re: my solution to the mortgage crisis

wah dem need is debt cancellation fi de ppl.
full cancellation cross de board, stawt ova at zero, juss suh, boom.

[britisha]

Re: my solution to the mortgage crisis

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: dahJahPawtTwo</div><div class="ubbcode-body">wah dem need is debt cancellation fi de ppl.
full cancellation cross de board, stawt ova at zero, juss suh, boom. </div></div>

Debt cancellation for honest people who fell on hard times, not the greeds who &quot;purchased&quot; homes with nothing down, and who thought they could beat the system...noh not dem.

[Emperah]

Re: my solution to the mortgage crisis

a nuh fi dem fault.
is who mek dem tek de money, a who gi dem de money?
And who will decide who an who honest, yuh waan leff dat tuh dem?

[Dr.Dudd]

Re: my solution to the mortgage crisis

Remove credit scoring from the private sector and create an agency to administer it.

The bankers use it to squeeze the libing daylight out of the people.
One banker refer to ut as &quot;like printing money&quot;.

He state that they can always find somethiung to to then fico add it to your score in they increase your intrest rate just like that.

[britisha]

Re: my solution to the mortgage crisis

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: dahJahPawtTwo</div><div class="ubbcode-body">a nuh fi dem fault.
is who mek dem tek de money, a who gi dem de money?
And who will decide who an who honest, yuh waan leff dat tuh dem? </div></div>

Dahjah, mi talking about people who had NO jobs, who falsified applications to get loans, then left the banks holding the bag...no bail out for them, instead, they should be jailed.

[Emperah]

Re: my solution to the mortgage crisis

so de bank suh fu-fool fi nuh chk it out?
serve dem right

[kia027]

Re: my solution to the mortgage crisis

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: dahJahPawtTwo</div><div class="ubbcode-body">so de bank suh fu-fool fi nuh chk it out?
serve dem right </div></div>

it was prolly the no income check loans where the party can put down 25% or more..

[Dr.Dudd]

Re: my solution to the mortgage crisis

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: britisha</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: dahJahPawtTwo</div><div class="ubbcode-body">wah dem need is debt cancellation fi de ppl.
full cancellation cross de board, stawt ova at zero, juss suh, boom. </div></div>

Debt cancellation for honest people who fell on hard times, not the greeds who &quot;purchased&quot; homes with nothing down, and who thought they could beat the system...noh not dem. </div></div> There have always been 'nothing down' sales since the GI bill, and there will always be nothing down.

Otherwise housing, such as large tenements, in depressed areas will never be sold.

the majority of them even get federal grants to rehab them too .

and this is done by billionaires like Winn, and Trump, that own the gambling empires,and declare bankruptcy on a whim and regain all the property.

What many people don't realize is that your residence is the only property that is not protected from seizure in a case of bankruptcy.

So that only those who can't afford more than one property really loose them shirt.