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You forgot the I am an attorney who hopes the Bar goes after them part. We'll see. As long as the firm gets results, the banks will continue to use them. You aren't out to win a popularity contest in your choice of foreclosure mill. Anyway, they were already sanctioned for robo-signing and still going strong. That's a wee-bit more serious than offensive to some Halloween costumes.
As I said, Malloric, Lenora is an attorney and as such familiar with repercussions within the profession. You are not, nor I, so as always, I'll quote the expert.
As I said, Malloric, Lenora is an attorney and as such familiar with repercussions within the profession. You are not, nor I, so as always, I'll quote the expert.
Oh my! Out of the hundreds of thousands of attorneys in this country, one has spoken in this thread. How many times have you used her name? Different attorneys' opinions differ all over the map. If the opinion of one is all that important to you, you must not have much confidence in your own conclusions. You are saying to us: "Lenora is an attorney and she has spoken. That proves my point. End of discussion." That is absurd. You can quote her all you want. Did she say she was an expert on professional conduct within the legal profession? No. I do respect her for other posts in other forums, but why don't you ask her what her expertise is in the legal profession?
Attorneys specialize, bob. Show me the name of any litigator from the Sacramento area and there's a very good chance I can tell you what the case is about. A MedMal lawyer has all the expertise in mortgage law as an over-educated burger flipper. Is she a partner working in foreclosure law?
And how do you know this? What is it I refuse to see?
All you need to do is start walking around with your eyes wide open.
I know people that have lost their homes and more that are close. Of those that did, none of them are homeless. They rent or find a way. Most people with at least half a brain will. The reasons for the default vary, the fault isn't the banks in any of the cases I know of. I know other people that have told me they aren't far from losing their house if anything happens. If you have stretched yourself so thin, how can anyone else be to blame? It is almost never just because they lost a job. It is people in all incomes. If you spend more than you earn you go broke when an emergency happens.
All you need to do is start walking around with your eyes wide open.
I know people that have lost their homes and more that are close. Of those that did, none of them are homeless. They rent or find a way. Most people with at least half a brain will. The reasons for the default vary, the fault isn't the banks in any of the cases I know of. I know other people that have told me they aren't far from losing their house if anything happens. If you have stretched yourself so thin, how can anyone else be to blame? It is almost never just because they lost a job. It is people in all incomes. If you spend more than you earn you go broke when an emergency happens.
I don't disagree. I said nothing in my post about the banks being at fault.
If you read what I was responding to in my post above, you will see that I was challenging only one point--that those who lost their homes were "MOSTLY" those who got way in over their heads and bought McMansions. To perpetuate this fond stereotype, without concrete evidence, is what some posters here would accuse of being "anecdotal." That said, I would be glad to read anything credible that backs up Escort's statement.
People who lose their jobs and run out of money over time, especially those with children, did not necessarily buy outside of a safe price range. There are as many real life stories about lost homes as there are foreclosures. If we are to generalize, based on (reliable or unreliable) media reports it would appear that lost jobs are a prime factor. That, and the fact of many are walking away from homes that they owe more on than their home is worth. Those are unnecessary, elected foreclosures, and would constitute a separate study from foreclosures due to sheer inability to pay the mortgage.
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