Foreclosures

Out of context: Reply #23

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  • Josev0

    I understand how a home loan works and how much interest is typically paid on a loan over thirty years (a lot - multiples of the purchase price). You don't need to explain it to me. I also think the banks/lenders had a lot to do with the current mortgage crisis, but I believe there are homeowners that contributed, too. Would you be complaining about your payments if your house was increasing in value?

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