Saturday, November 15, 2008

I am SICK of hearing that people "bought more home than they could afford!

If you, or someone you know, has lost or is losing their home to foreclosure, I would like to hear their story.

Perhaps just for statistical purposes, or perhaps to write about their experiences, so that other people can see what is REALLY happening.

MANY people whose homes have been foreclosed on are in that situation not because they were trying to live beyond their means, but because of other circumstances such as illness or a job loss. Or perhaps they are in that situation because of predatory lending, that got them into an ARM loan by saying that "interest rates are going down", but not telling them that even if interest rates reached zero, THEIR PARTICULAR mortgage would NEVER have a rate decrease!

And, why are so many other people ANGRY at those kicked out of their homes? Have we really become a nation of such MEANIES?

So, if you read this, and if you or a friend or aquaintance has lost their home or is losing their home, I want to hear about it.