5 ms·
"What about just expulsion from your own house?" Americans are being foreclosed on in mass, and in some instances they've been forced out of their homes wrongl
by betterth 15y ago
"What about just expulsion from your own house?"
Americans are being foreclosed on in mass, and in some instances they've been forced out of their homes wrongly by a corporation who made a mistake (here's looking at you, BoA).
But with 50% of the mortgages in the country underwater, corporations taking houses is much more real than we want to admit.
- gsmaverick 15y ago``Expulsion from "your own house"`` implies you own it, if you have a large mortgage then you don't own your house the bank does. Being foreclosed upon is part of the contract not some unjust expulsion from your house. Obviously the situation of fraudulent foreclosures is a different matter.