|find an excuse... any excuse|
There is a wrong headed assumption made by all these "let's make decent & clean housing affordable for ALL people in these great United States of America". Some of these idiots are NEVER going to make good on financial commitments. It goes against every grain of DNA in their miserable deadbeat bodies. They simply can't do it and never will. Lending them your money is stupid and that's why all these assclown policy makers lend them your money instead.
"As negative equity increases, we see corresponding increases in the number of new problem loans," LPS said Monday. "In Nevada and Florida, two of the states with the highest percentage of underwater borrowers, more than 3% of borrowers who were up to date on their payments are 60 or more days delinquent six months later. This suggests that further home price declines - should they occur - could jeopardize recent improvements."
I don't think the fat lady is quite done singing yet... or she is coming back on stage for an encore.