Quote:
Originally Posted by Joe V.
I am not buyin it. So now you think it is ok to try to shame people using a legitimate and lawful loan mechanism,
|
With respect, that was not the intent of my post. I specifically said that the RM worked out just fine for the owner. My point was to show how the lender has no skin in the game to maintain the property. They will be made whole by the taxpayer-funded MMI fund. The neighborhood pays the price of a home in disrepair. If the lender was held responsible then this would likely not be the issue it is.