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| this is what normal fucking people used to do when they paid off the shack & once it got paid off, it STAYED paid off |
Now that campaign is turning into a public relations nightmare for the banking behemoth. Chase is now threatening to foreclose on 78-year old, Helen Bailey, a former Nashville area Civil Rights activist who stood up to police attack dogs, tear gas and fire hoses for her God given rights.
Ms. Bailey couldn’t keep up with her mortgage payments and attempted to refinance with another mortgage company and would work with her to let her stay in her home until she died. The only thing she asked from Chase was a $9000 principal write down.
I have but one axe to grind with this sob fucking story - why the fuck do old people today find it OK to gamble in the debt casino using the roof over their head as collateral?!!?!?
How stupid can an old person be to go into a sucker's bet using the house one lives in as collateral for loans to do what?.... take a vacation?.....help a relative?......do "home improvements"? (For those of you NOT in the lending business, the purpose of "home improvements" for a mortgage application has become the cover language for all kinds of stupid ass purposes that idiotic old-ass borrowers come up with as a reason for why they want to go into debt...sometimes I just wanna grab 'em by the collar and say "Do yourself a favor - you're gonna be dead soon anyway, why not just accept the shape of your house and live in it or make improvements that you can afford to do over time while paying in cash?")
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