Iceland making the F*CKING banks pay for mortgage modification

Got and register at me website: www.thestenchoftruth.com Get updates on radio show guests, original posts, and links to all of my blogs and more. Listen to my radio show on Fridays from 7 to 9PM Eastern (US) time on www.inceptionradionetwork.com The Stench of Truth (552).mp4 Despite the story circulating on the internet that said that Iceland was forgiving mortgage debt it is not quite like that. They are forgiving a great portion of underwater debt AND they are making banks refinance the debts at current value and in line with the ability to repay. The banks seem to have to eat this loss. AND this is under an IMF program, which amazes me. The IMF sucks and guts countries but in this case Iceland got at least one good thing out of it. What do we have in this shitbag country? Empty words of an empty suit. Mortgage modification if the bank feels like it. It’s about time the banks start paying for the economic collapse they caused.

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My house was forclosed. The first mortgage wrote off the debt.The second mortgage did not.How many years do they have to try and get the money?

What's a good age to move into a family home?

I’m twenty and my husband is twenty three. I was 17 when we bought the house. We have two children and live in a cape cod style house. It’s 1 1/2 stories. It’s a great neighborhood, but I think that it will be small for growing children. Our house is on 2 lots, and the neighborhood is growing,they are knocking down the older houses and building 250,000 to 350,000 dollar houses. I want to know what is a good age for us to buy a nicer two story house. What is a better age to buy a home 25, 28? We can afford a 1,000 mortgage a month. My parents bought their house at age 41. What would look better for us age wise for a mortgage lender to take us seriously. I have new credit and no problems. We have a great apr 5.75. Should we do a 40 yr term to save money? Or what? I don’t know. Please help! Serious answers

My house is going into foreclosure. I’ve heard that after the foreclosure auction, if the high bid was higher than what was owed I may have money coming to me. I’ve tried to look this up on the internet but I can’t find anything specific about Texas. Anyone know anything about this?

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