Comments on: Mortgage Meltdown Mess: What to do? http://simpledebtfreefinance.com/mortgage-meltdown-mess-what-to-do/ A Simple Approach to Getting Out of Debt and Into Wealth Tue, 22 May 2012 14:21:19 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Jim http://simpledebtfreefinance.com/mortgage-meltdown-mess-what-to-do/#comment-396038 Jim Tue, 20 Mar 2012 01:27:00 +0000 http://simpledebtfreefinance.com/?p=215#comment-396038 Now here we are after almost 4 years... the big banks are back on steady ground and the victims of inflated home values die a slow death. Now here we are after almost 4 years… the big banks are back on steady ground and the victims of inflated home values die a slow death.

]]> By: Joe http://simpledebtfreefinance.com/mortgage-meltdown-mess-what-to-do/#comment-135 Joe Wed, 01 Oct 2008 23:46:26 +0000 http://simpledebtfreefinance.com/?p=215#comment-135 Yeah, HELOCs were WAY over used. They allowed far too many people to tap their equity far too easily in my opinion, it fostered the behavior of people treating their homes as ATMs. And now many of those people are under water on their loans. Thanks for stopping by, Scott. Yeah, HELOCs were WAY over used. They allowed far too many people to tap their equity far too easily in my opinion, it fostered the behavior of people treating their homes as ATMs. And now many of those people are under water on their loans.

Thanks for stopping by, Scott.

]]> By: Scott @ The Passive Dad http://simpledebtfreefinance.com/mortgage-meltdown-mess-what-to-do/#comment-134 Scott @ The Passive Dad Wed, 01 Oct 2008 21:01:21 +0000 http://simpledebtfreefinance.com/?p=215#comment-134 As far as the home foreclosures, it's impacted friends as they over extended themselves and bought homes with teaser rates. Also, HELOC were a big temptation for many people as they used it almost like free money. Well, we all know what happened. This is really all mind numbing and feels like a bad dream. Hard to see so many good people being impacted by the housing mess. As far as the home foreclosures, it’s impacted friends as they over extended themselves and bought homes with teaser rates. Also, HELOC were a big temptation for many people as they used it almost like free money. Well, we all know what happened. This is really all mind numbing and feels like a bad dream. Hard to see so many good people being impacted by the housing mess.

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