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Walk away from your mortgage!

With banks refusing to help homeowners with their underwater mortgages, a New York Times story advocates simply walking away. On Countdown. Copyright MSNBC 2010 www.youtube.com Keith Olbermann housing market real estate mortgage default Countdown strategic default banks bankers

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  1. thorntongifts says:

    find most of these comments uninformed. Its called full spectrum domination. This country is under full assault with a goal of NAU, North American Union. And all of you saying walk away please keep going your not needed here anymore. We need patriots, not armchair quarterbacks.

  2. thorntongifts says:

    find most of these comments uninformed. Its called full spectrum domination. This country is under full assault with a goal of NAU, North American Union. And all of you saying walk away please keep going your not needed here anymore. We need patriots, not armchair quarterbacks.

  3. thorntongifts says:

    I find most of these comments uninformed. Its called full spectrum domination. This country is under full assault with a goal of NAU, North American Union. And all of you saying walk away please keep going your not needed here anymore. We need patriots, not armchair quarterbacks.

  4. Helixjt3 says:

    Most people will never hone in on effective ways of thinking. And believe it or not this illegitimate fart (air bubble) has given way to what we call morality (inertia).

    Yeah, like we’re all in this together! Morality should be for people who think for themselves—that’s moral….your in the ocean swim dammit no ones coming to save you!!!

    “By way of the individual no man or woman will ever have the right to take away something I’m smart enough to get rid of”
    helixjt3

  5. fal2grace says:

    @desertr0se2007 good for you:)

  6. desertr0se2007 says:

    Yup, the government helps the banks but not the home owners. Very few people are able to get help from anyone. I walked away. That was last year and no regrets at all.

  7. consdel2000 says:

    You dumb fucker. Some people were conned by these greedy lenders to buy into these mortgages. Get your deformed face out of your fat ass, motherfucker.

  8. MoeBedard says:

    There are things you can do to avoid walking away from your homes and to still pay your mortgage. The videos on my channel are full of rants and pep videos to educate people on what they can do to save their homes from being foreclosed on. Please check out the videos on my channel such as Fighting Foreclosure and Loan Modification Fighters.

  9. Ripple4135 says:

    Is your mortgage underwater or can you not afford your house? There is a difference. The first situation sucks but it isn’t as big of a deal as people make it. The house is still the same house, it’s just currently worth less than it used to be. Fortunately, houses are long term purchases. Making the “business decision” to walk away from your mortgage was stupid. You’ll never own a home now.

    As for the latter, that is a situation I will never be in. I spend much less than I make.

  10. Sinead522 says:

    @Ripple4135 You are a stupid jackass. I hope you get into this situation someday asswipe.

  11. Ripple4135 says:

    You shouldn’t have bought a house you couldn’t afford DIPSHIT.

  12. fal2grace says:

    @Sinead522 well good luck to you.

  13. Sinead522 says:

    @fal2grace Thank you. Everything in this video is excellent and I agree with every bit of it. I have been trying to work with my servicer for over a year, i.e., loan mod attempts, etc., and have been shot down every single time. Conclusion, they have NO intention of helping me, so as far as I’m concerned they can have my house and stick it. I started my strategic default back in September!

  14. fal2grace says:

    @Sinead522 well said

  15. Sinead522 says:

    That’s right, it is just a business decision for us homeowners. These self-righteous banks can kiss my azz.

  16. jclemens1970 says:

    walk away from the mortgage, perfect, just what the welfare state and the illegals and civil rights and blah blah blah,
    I must be a racist right?
    THIS IS ALL PLANNED OUT ,
    You idiots are gonna get what you deserve if U don’t,
    Buy guns and join the T-Party types.
    Screw Ron Paul screw them all,
    Here is what I can tell you,,,, you had better learn how to grow/hunt and preserve your food, learn to trade your skills,, and most important,, learn how to turn off your TV,, fo-eva,, foo

  17. andromedastar1 says:

    Why doesn’t the press talk about all the investors and people who flipped houses at this time. They are walking away from 100′s of mortgages and killing property values and neighborhoods.

  18. justanothersheeple says:

    well year end too soon

  19. fal2grace says:

    don’t think 4Q numbers are in yet; we’ll have to watdh.

  20. justanothersheeple says:

    defaulting mortgages and bank write off’s, losses

  21. fal2grace says:

    not sure what you mean dell

  22. justanothersheeple says:

    @fal2grace where’s the end of the quarter totals dear?

  23. fal2grace says:

    good point. thanks

  24. 1RoaringMonk says:

    I was wondering when was the first real estate transaction in the americas ? After they stole the land who had the balls to sell it for pure profit after theft ? what goes around comes around

  25. fal2grace says:

    Yes, it does need to be restructured. Thanks for commenting.

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