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Wed Aug 6th 14:55 PM | Rating: 0 0
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WaMu Borrower Purposely Defaults, Gets Foreclosed On, Sues

Its tough to say who is right and who is wrong w/o more info but my guess the greedy little banker made a risky loan to get "THEIR" share of the sub prime pie and when it performed as expected..the dumb borrowers are at fault. Then again maybe IF we let things slide enough we can get enough of a break for that new car....gee the wheels are spinning on both sides of the loan desk...There are borrowers who are that dumb but the banks should recognize them and simply not allow a bad/risky loan on their watch. Borrowers need to get their head out of their well you know and protect themselves..ask questions, plan, budget etc...get the help you need even if you have to ask 10000 times. If it looks to good it probably is.
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