Jim Cramer Says Walking Away From Upside Down Mortgage is Smart Financial Move

[1946veteran]

Retired, Sr, Disab, Vet DREAMS SHATTERED- AHMSI/ McCain/Gov Politics responsible for foreclosure/quick-sale @ 18892 State Highway 88, Pine Grove, CA 95665 discovered AHMSI obtained modif. loan w/fraud info not disclaiming house is mobile home. Denied loan facing homeless w/ wife/granddaughter. AHMSI agrees to write off $400k+ (698K loan) & foreclose - AHMSI refused lower price to owner- banks, investor, gov agencies TURNS BACK on vet. God Bless America ,

[DrDangDOGGone]

samten10a. I hear your heart and where you are coming from, in that most Christians are the embodiment of hypocrisy, but in this case the most Christian thing anyone could do is give the banksters as much hell as of possible. The banks are bloodless, soulless, blood sucking, demonic entities that feed off the rotting corps that once was a great nation. Banks are pure evil and the poor homeowner is just another victim of the bank's boundless greed. Can I get an Amen!!!

[cmroyce]

don't walk away, do a short sale.

[sha370z]

my dad said it was his house .but where did he get the money from ? the banks took back

million of homes 

[vcoonrod]

The banks have really trashed this country. Very sad.

[Atlanticmoonsnail]

samten 10a get real idiot. if a corporation walks away from underwater commerical real estate it's a good business decision??? It happens regularly. I don't see your logic...

[samten10a]

If the home owner walks away and bank forecloses and the home is sold to cover the loan. The sale does not cover the loan the home owner is a thief. He is just another low life christen that does not up hold the law of his belief (thou shall not steel).

[emutiny]

nice quality what the hell?