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Old 03-24-2010, 01:58 PM  
smax
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Join Date: Jun 2007
Posts: 341
Quote:
Originally Posted by BlackCrayon View Post
Sure but you are going to have to pay rent *somewhere* no matter what.

so?


You dont make a rent payment you get evicted and your place is cleaned and rented out in less then 2 weeks. You miss enough mortgage payments, you get evicted and the bank is sitting on real estate it does not want with a good chance of taking a loss on it.

Considering the the financial mess we are in is tied directly to the mortgage business leaves me baffled how some can complain about the underwriting process
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