Don't Pay Your Mortgage

[BritConstitution]

Is this guy for real?? "just don't pay" he says..

A weird guy with even more weird advice!

[Fabiana288]

banks now will just mail your payment back to you and still continue with the foreclosure. Don't listen to this guy and find other means to handle your foreclosure.

[rickytan6969]

Burn your house down so bank can't take it

[drummerbadass1]

@rickytan6969 Burning your house down is called arson loser.

[snaredrum110]

This produce the note is a plain old fairy tale. It won't work. now the truth is that mortgage lender's are scumbags that risk nothing at your total inpout of labor and security. Understand this and decide never to want to own a a house again. Besides you never will own your home. How about that to complete the scam?? You will be leaned for property tax for the Title on the lands life. You can't own so why try?

[MrJohngalt2011]

@snaredrum110 Then don't take a mortgage. Save you money and buy the house with cash. People choose to deal with banks. It is their choice and they make that choice with full knowledge of what they are doing.

[logicisreasonable]

@MrJohngalt2011 use cash to avoid banks? where do you think the cash came from?

[MrJohngalt2011]

@logicisreasonable Cash is printed in the Treasury, not banks. Cash is just a vehicle, a convenience we use to allow people to trade labor for goods needed. Cash is not created a banks.

[wiccanmoonman]

This guy is a heb.

[kawa1755]

haha this guy just wants u to stop paying so he can buy your house for a cheap price

[AndersBreivik911]

This is funny. Once you go into foreclosure - your credit is fucked. You cant even get a credit card. The Jewish bankers own USA and the financial system. Only an urban commando can fix this situation.

[MrJohngalt2011]

@AndersBreivik911 You credit rating is screwed because you didn't pay your bills. The fault is yours and yours alone - not the "evil Jewish bankers". Only the truely stupid among us hold this view. Try living up to your responsibilities.

[AndersBreivik911]

@MrJohngalt2011 - My credit rating is perfect. Paid cash for my house in Norway in 2001. You are a fucking idiot.

[MrJohngalt2011]

@AndersBreivik911 right... if you pay cash for most items you will not have perfect credit as you will have no history of actually paying back your debts. And Norway? Please. No one lives there by choice.

[AndersBreivik911]

@MrJohngalt2011 - I was born here. The standard of living is very high in Norway. Credit is not such a concern in Norway. You have a fucked up system in USA. Thank God I do not live there. So many dumb fucks like you there. Asshole.

[AndersBreivik911]

@MrJohngalt2011 - Go suck your black president's dick.

[MrJohngalt2011]

@AndersBreivik911 Good Debate. Norway? Please. Nothing good comes from there.

[AndersBreivik911]

@MrJohngalt2011 - You are a hook nose bagel eating fuck face.

[vids2011adultsecrets]

Dude ,shut up and stop feeding people your thoughts that brings you no harm and why don't you do a little research on the facts about bank home loans and foreclosure and then you can give educated factual advice telling and showing people how to win in court against the Bank / creditor trying to foreclose on the home , that will not only stop the foreclosure and allow em to stay in their home and no longer have a mortgage to pay.. Friend me on Facebook or my space or here and I will help you .

[anonplanz]

The United States has been in 10 major wars in 200 years, and not just wars, but SUSTAINED WARS. Why? They can't afford it, but yet they are able to "Get a loan". It's almost like car shopping. Hey bank, I'd like to destabilize the entire middle east, can I get a loan on that please? Oh Sure U.S, just sign this, and forward our clerk your social security numbers for future output determinations. We can adjust the terms accordingly. Think Im kidding? Your SSI is on the market at Fidelity.

[anonplanz]

If a nation wishes to war, but can't afford it, how do they get the resources? Why does a nation take 100 percent of the blame for war, when a nation can't afford it in the first place? What industry is powerful enough to manipulate a government? To have leaders killed and replaced? To splinter and destabilize a nation? To AFFORD WAR? And what industry is never blamed as the source? Please people, wake up to reality. Do you not yet understand what is going on?

[anonplanz]

@anonplanz Sad part about this, is that the men and woman you supposedly vote for in our precious precious democracy, know every single tick of everything that is going on, they endorse it fully from one side of their mouth, and play games with you on the other side. OWNED. FARMED. EXPLOITED AND ENSLAVED. EVERY LAST ONE OF YOU.

[anonplanz]

Judges are hired en mass to rubber stamp foreclosing without it ever seeing the inside of a courtroom. A friend of mine was tricked by a major back on a remmed program, and was ultimately kicked to the curb within 3 months of not paying her mortgage. This was previously agreed upon by her and a bank, as part of the remod. But the bank lied. She is now homeless. And don't forget, child protective services will accompany the martial when they kick you to the curb. Say goodbye to your kids too.

[MrJohngalt2011]

@anonplanz The key statement here: "kicked to the curb within 3 months of not paying her mortgage". If you don't want to loose the house and be foreclosed on - PAY YOUR BILLS. Pretty simple? she is homeless because she didn't pay her bills and she should be. Why did she take a loan that was too high? Why did she get that big of a house? Why didn't she have money in reserve? We can't fix and shouldn't stupid.

[strongnoob]

@MrJohngalt2011

There is nothing to pay back. The 'bank' got the good end of the deal. They got your promissory note, set up a deed of trust with slight deception and they got to put a lien (mortgage charge) on your land/house.

[anonplanz]

@MrJohngalt2011 I don't sit well with naivety. Perhaps you haven't caught on, but between the go to college swindle and the fluctuation of the economy through inf/deflation, we are able to devour a man who USED to make 6 figures, who's job has been undermined by downsizing, and replaced by a college grad for 1/4 of the pay. You think that's just bad luck? Guess again. I think anyone who could, WOULD pay their bills. That said, you are just another asshole in the long list of stupidity.

[anonplanz]

@anonplanz Loans are deployed with 10 percent in reserve, leaving the other 90 to fiction. So we pay n percent on the first 10, and 100 +n on the other 90. That gives banks incredible profit/buying power. Enough to manipulate governments, and monetary policy. Why take the loan? Because banks give loans with the intentions of you failing. Have you not heard of default credit swaps? I can't believe the world is still this fucking stupid. It makes me sick.

[MrJohngalt2011]

@anonplanz If you make a mortgage contract - you pay the bill. Simple and moral. Why are simple laws of human kind well beyond the intelligence of liberals? You, just like I do compete against the college grads each day. But unlike you, I have the advantage - experience and drive. Something the college grads (most are morons at best) do not possess. You have to compete each day to prove your worth to the bottom line of your company.

[anonplanz]

@anonplanz A cop takes an oath to protect people from harm, but blindly follows any order by a superior regardless if it is lawful or not. You use the term liberal, and it doesn't apply. You support a criminal and negligent social system, that today is the cause of all war, drug trades, child trafficking, corrupt government and medical systems, it goes on forever. That's profoundly sick. It is not lawful to subject another human being to undue stress and suffering and make a profit from it.

[MrJohngalt2011]

@anonplanz How do I support a criminal and negligent social system? I have not and because some criminals exist in a system do not mean that the system entotal is criminal. You paint with a very broad brush.

[anonplanz]

@MrJohngalt2011 If you are involved in any trading system, you are guilty of it's output, either directly or indirectly, via depraved indifference. People don't starve because there is not enough food, they starve for geo political concerns. The poor are not poor because they can't find work. Poor must exist to create class. That's criminal. And you are guilty for so much as you know of it. Depraved Indifference. And so am I just as guilty. But not for long.....

[MrJohngalt2011]

@anonplanz No. The Poor are poor because of their actions for the most part. If you goto school, don't use drugs, don't commit crimes, don't because a parent till after high school you will for the most part be very successful - regardless of where you started from. Poor comes from poor choices more often than not.

[anonplanz]

@MrJohngalt2011 That is simply the most uneducated post Ive ever read. The poor are poor for their actions? Don't use drugs? Don't commit crimes? blinks repeatedly. Im done trying to reach you. Poor is an geo political concern, not one of wealth. Access to basics are denied. "Proper education - denied" You live in a very small part of the world. Perhaps you didn't know there are 7 billion others that are suffering, and not through poor choices, but the choices given to them. You help that exist

[anonplanz]

@anonplanz Further and finally. I don't do classifications. You have a lot of nerve calling me a liberal, when I don't recognize flags, nations, borders, religions, monetary or trading systems, or any false ideologies that imprison the human specie or the planet that sustains us. You are an idiot to continue this archaic worthless line of thinking. And you would do you and the world a favor if you woke up to the realization, and drop your ego at the door.

[MrJohngalt2011]

@anonplanz I seem to have struck very close to the heart to illicit such a response. So I will assume it is correct to use the term Liberal. That term is correct, accurate and appropriate. You seem to ignore personal responsibility and accountability at all costs to further your agenda of taking what is not yours and then complain about unlawful practices. OWS and this mortgage dodging parasite on this video are one and the same.

[anonplanz]

@MrJohngalt2011 I am not a Liberal because I don't subscribe to your socio dictionary. It has been proven to be false and harmful. Lawful by who's standards? Yours? It is unlawful to hurt others and damage their "property" in common law, but yet it's ok for your banks to strip humanity of any possibility of fighting or speaking out against it? You sound insane. I do not subscribe to the cyclical insane decision makers of the world. Your lack of understanding, makes you inferior and a follower.

[MrJohngalt2011]

@anonplanz Banks do not harm people but aid in the development and growth of a society. I would tell you to read the history of money and banking. You make a contract, you receive a huge benefit of that contract and you pay it back - how is that "screwing" you? If you feel this way - pay for your house in cash.

[anonplanz]

@MrJohngalt2011 Banks do not harm people? Lol. Ok boss.

[anonplanz]

@MrJohngalt2011 You are so unrealistic it doesn't make sense to speak to you anymore. Either you are uneducated, or so old you are losing a grip on reality. Lets start with John Locke, 1690 the second treaties of civil government, on property. Read that little section, and get back to me when you FULLY understand it. Until then, you scare the living shit out of me with your ignorance. I really hope you don't have children.

[anonplanz]

@MrJohngalt2011 And at which point did I fail to pay my own loan? I am up to date. Never been late. I know I am being screwed, but I have a family to care for. And I know I am screwing my fellow man, but not for long. We are waking up John. And we are in mass. You are quickly becoming the minority of archaic harmful philosophies. You will suffer for it, I guarantee it. You may not make the connection, but what you are about to suffer for , you created yourself. I hope its worth it for you. GL.

[MrJohngalt2011]

@anonplanz So you are choosing violence over any type of ethical actions? You are making my points beautifully. I always love to see how violent liberals really are. 

You are not being screwed. You have to earn your place in society instead of trying to take it from others.

[anonplanz]

@MrJohngalt2011 No one has ever just handed over their wealth. All wealth has been gained through radicle violence and oppression of people. Nations destroyed, riches squandered, the poor are poor by design, 7 billion poor people of the earth will attest to it. You allowed a man to own grossly more than he can use in 10 million human life times and call it normal. And you snort a response in 10 seconds negating what humanity has taken 1000's of years to realize. You do deserve to die.

[anonplanz]

@MrJohngalt2011 Ive earned my keep. And now Im done earning the keeps of others. And so our my brothers and sisters of earth, tired of laboring for the wealth of others.

My labor is worth just as much as anyones, and should I get paid less than a man who labors not of his own,. but commands 1 million laborers? Ya. I don't think so pup. Your other posts indicate you like to argue, and not resolve. Or back down from an ego driven point of view. If I say a fact, you will deny, just for ego's sake.

[anonplanz]

@MrJohngalt2011 I have a scenario. I want you to be completely honest about it. A question. It is well known that banks hold sway over the land, holding title and deed and contracts in abundance. How is it, that a man (bank) became so wealthy as to afford so much of it on just the labor of his two hands? When a million peoples salaries could not account for even a fraction of 1 percent of this wealth? And you normalize this? You think this is safe? The betterment of man? Gods will? Capitalism?

[anonplanz]

@MrJohngalt2011 And that is not the key statement, idiot. If you read my fucking post, it says specifically the bank agreed upon the terms to NOT pay for three months, it was part of the mod program. Meanwhile, they were off filing repo papers behind her back. The judge gave her 2 weeks. She is suing for damages. How far do you think she will really get? NOWHERE. And she will lose whatever shirt she has left, after mopping up the pool sized bucket of tears and misery.

[MrJohngalt2011]

So: 1. You are immoral. Plain and simple. It is wrong. 2. If lots of folks do this, then Banks will not loan to anyone or at huge rates to make up for scumbags like yourself.

[MrFyreflye]

@MrJohngalt2011 are you really that stupid? sit down, shut up, and sit on your hands.

[MrJohngalt2011]

@MrFyreflye Wow! nice debate. I guess intelligence is rather absent in your thinking.

[BESTOFFERSONWEB]

Don't pay your mortgage and you will pay for it in the long run with fucked up credit this guy is an idiot.

[HunnyBunMama]

Only true in judicial foreclosure states.

[scottsossamon]

This is ridiculous. Condone the fact of being a mooch.... that's why we are in the mess we are in. People scamming.... probably kin to Madoff with this advice!

[shanejoel2]

@scottsossamon you mean like the banks have mooched off us? imbecile.

[MrJohngalt2011]

@scottsossamon Very true. This guy in the video is a parasite on society.

[stopdemockery]

All bank foreclosure is fraud. Banks have no valuable consideration invested in their so-called "loans" as required to form a legal contract. When you sign the promissory note, you fund the "loan" from the unlimited credit of your Treasury (IMF) Direct Account created from your birth certificate bond. They deposit your note as a credit upon which they can lend 900% more. Then they hand you your own money and charge you 3X face plus chattle your home for nothing more than book keeping entries.

[MrJohngalt2011]

@stopdemockery FALSE. If you take a loan you have a moral and legal obligation to pay it back. the house amounts to the labor of many people and numerous resources like lumber. Why do you think you should receive the product of their labor for free? Should they work for free? Should the bank not receive compensation for the risk they are taking in loaning the money, and what about the employees of the bank do they not deserve a pay check?

[stopdemockery]

@MrJohngalt2011 ~ Yes, "If you take a loan..." But, no bank has made a real "loan" since 1933. You misunderstood my statement. A loan is someone handing you money, taking a risk. Banks hand you "YOUR OWN CREDITS" that you just created with your signature. The only person with ANYTHING invested in your home is you. It's all a gigantic fraud to impoverish Us all. There is NO MONEY of any value in circulation, It's against banking law for banks to lend their assets or those of their depositors.

[stopdemockery]

@stopdemockery ~ The banksters fraudulently indebted Us and Our nations and interconnected all gloabl banking. Then they intentionally infected the monetary system with mortgage backed securities so it would collapse. Now, that we can't pay our fake mortgages, the banksters are foreclosing on Humanity's fake debts. They also started all our wars with lies so they could fund, supply and prey on all sides. They're sickening and killing Us by every covert means possible. They're monsters.

[MrJohngalt2011]

@stopdemockery Sorry, but money in a check of physical money (fiat) is the same thing. It is not credits, but what we are doing is transferring money electronically. this is faster, and safer. Arrangmeents allow the velcity of money to be greatly increased.

[stopdemockery]

@MrJohngalt2011 ~ Everyone is paid in full and the note is paid off in full with the credits your signature created when you signed the note. Banks create money from thin air via the fractional reserve system. We, the People, are the creditors of the United States Corporation. We create money from thin air when we sign notes."

The banksters hate us and think of Us as rats. They won't be happy until we're all camped out beside vacant suburbs killing each other for food.

[MrJohngalt2011]

@stopdemockery Your argument does not hold. Banks are allowed to loan out more than they hold in reserves. this allows the multiplier effect to create more capital investment than would otherwise be created. It works as long as there is no run on the bank for deposits - hence the FDIC. Now, I would agree we should have a much higher reserve amount and disallow banks and investment firms to co-mingle.

[anonplanz]

@stopdemockery THis is by far the most truthful and well said post Ive ever read on youtube. It is 100 percent accurate. Without question. Thank you.

[stopdemockery]

@anonplanz ~ Thank you.

When anything is this diabolical, it's difficult to explain it in terms that ordinary folks can understand. And, even if they understand it, they usually won't allow themselves to believe it, because they'd have to re-examine their whole view of reality.

People, Everything your were taught is a lie. We live in a matrix of lies created by the banksters to further their agenda toward a One World Government that they'll own.

[polpotlives123]

My brother has been in his home for over 2 years now payment free..paid 900,000 for his pad in Santa Fe N.M. it worth 450,000 now..and going down everyday..just met a fellow that has been in his home with out making a payment in 4 years now..and me??..I just got started 3 months ago..Why buy when you can rent for half as much!!..fuck BOA

[MrGiggity890]

i keep telling my dad, who has worked his whole life to pay off our house (which will never be paid off because of refinancing), to stop paying the mortgage for the very reasons you give in this video...i mean, just stop paying, big fucking deal if you don't keep the house, you're gona lose it anyway...why not take that money and invest it wisely or go on a vacation....just spend it on yourself

[AceOfHeart2012]

Hey. The government isn't paying their bills so why should we?

[urbanecondetroit]

Take a look at the YouTube video-- Mortgage Tsunami Two: 2011-2013

An animated presentation of the ARM underwater default crisis that is currently brewing.

[mnvinn]

Wait til they come for you in order to save the company's own ass.

[rebillwaz]

Are you kidding me? Talk to a lawyer. There are serious consequences from a foreclosure! 6 years down the road you could be sued for a deficiency, your life that you got put back together will go down the tube again.

[unitim]

2011 = irrelevant. They foreclose in seconds now.

[liam13coins]

Saw this guy at the food bank with his ukranian family tuesday.

[OtagoMark]

@youhypocrites The people you signed your contract with though did imoral things that put you in the position of having to not pay your mortgage,,, so it all evens out.

[sha370z]

one guy had 20 home loans in five states

[xarovision]

@youhypocrites and how much did the banks pay you to write these bullshit?

[3089280288]

I did that and that shit don't work. Here's a better idea. Lease it out to someone who cannot get a mortgage but doesn't mind paying the mothly payments becuase the loan is not in their name When it gets paid off, you will have better credit but no house.

[slimemuffen]

FYI: This is a communist movement that is attempting to bankrupt our country. It was on the news.

[ANYSIA000]

If your being abused by the banks visit this website to save your home (icansuemylender . com) the reason the website name is separated youtube wont let you post websites as comments. Please look at this if you want to save your home. IT SAVED MINE!!

[machintruc313]

@ANYSIA000 Thanks for the info.

[nylecrane2k7]

In the UK if you don't pay your mortgage your house gets repossessed.

[ClarkesonTheMarksman]

@nylecrane2k7 Cuase we havn't built a moat, drawbridge and portcullis, round our houses.........The old proverb goes, A mans house is his castle, as your well aware....

[AceOfHeart2012]

Plus, if the bank accepts the payment it resets the contract and they have to start all over. I'm so proud to have been on the cutting edge of this. I was talking about this back in 2005. The bank never loans you a cent and so when they foreclose, they are doing it by force (because they will eventually send in a SWAT Team) and they're doing it on homes they NEVER owned! I say stop payi8ng everything. They're usurping authority to fleece us and enrich themselves. We are catching on however,

[RayAir1]

@AceOfHeart2012

If someone were going to fight a SWAT team they might line their walls with sandbags on the inside except for "weapons ports". Then they would armor up with a P-helmet, gas mask, 3A soft body armor with Level 3 ESAPI hard plates and equip their self with two AR-15's with high cap drums, a 12 gauge loaded with slugs and several other back up weapons. They may even use OC grenades, high volume OC projectors and strobe lights to disorientate raiding police.

[mahalo111]

I can't thank you enough for these videos Hans? Really saved me a couple years back.

[Agent1W]

Even people who can afford to pay more would refuse to pay if their home's equity has lowered to a critical point.

[FortNikitaBullion]

Really? That's too good to be true.

[McGarrettBiker]

BANKRUPTCY on all these fuckers, JEWISH OWNED BANKS, and MORTGAGE COMPANIES.  Screw them.

[sladebower]

I stopped paying in Feb of 09 and I JUST received my first notice of foreclosure. The banks screwed me so I'm screwing them back. I hope to stay in my home another year for free...doesn't make sense to keep paying for a home that is worth 50% of what it was when purchased in 05.

[AceOfHeart2012]

Right on. Just make sure you keep tabs on when they intend on raiding you so you can have your possessions relocated when it happens. I made them come in after me and was charged with 'obstructing and resisting' ($10,000 fine and 9 months in jail) but I beat it by signing the sigbond pursuant to UCC 3-402. Study up. The D.A. wrote me a hand signed letter offering to reduce the charges down to a $5 Ordinance Violation plus $125.30 court costs which I waived and ultimately dismissed utterly.

[smallfish1960]

I haven't paid in over 13 months, what this man is telling you is true, the banks are swamped with the millions of foreclosures, it does take time, stay in your homes as long as you can, by all means plan for the inevitable, but don't panic!!!

[SKUNKBALLScom]

LOL, me too buddy!!! Living for free, those fuckers cut off my business line of credit in one day and totally screwed me so all I can say is FUCK em! Fucking CHASE BANK

[MrJohngalt2011]

@SKUNKBALLScom This was done because of idiots like the one in this video who advocates not paying your legal bills. Those that do follow the rules of justice and morality will always be hurt by the parasite of society.

[drwalepen15]

Ha ha ha aha, this is so funny because this is the worst thing you can do to the American government for sure. Once 5% of people did not pay their mortgage their was a bust. If enough people lost their house and rented.

Holy crap. tax revenue and housing value would crap out and the US is already over leveraged.

[ALingua]

If they increased the prices at 500%, so stop paying. The facilities were traps to make people give all their money to the banks. Worse than in 1929.

[ncollier1]

I am an AVP for a bank: Don't do this. Your credit rating will fall and you will end up paying tens of thousands of dollars of extra interest because you will only qualify later on for high risk loans. If you cannot afford the payments: 1. Switch to interest only mortgage 2. See if you qualify for a better deal maybe with another lender; base rates are very low now 3. Negotiate with your lender to lower the payment but make sure that they argree that they will not be recording a default.

[automaticAEV]

Your credit rating will fall <<

Lmao obviously.

[TVcrewsSF]

Who gives a damn about credit rating these days if banks are not lending money nor plan to lend for many years to come. And they themselves have lowered credit ratings. LOL!

[drwalepen15]

Only with 5% of the country going into foreclosure caused a dramatic effect. The damage done by high home prices changed the economic terrain everywhere. It is cheaper and better to rent now. Property tax hasn't even risen enough to sustain the individual states.

It's all for himself. Too bad this site doesn't get very much traffic, its good for you though. For now.

[elcapitan90012]

thank you!!!

[Dave839]

I'm not sure if this is true. He seems to be well-meaning but remember folks the foreclosure process varies from state to state. By not paying your bill you accrue late fees and your credit score is significantly damaged by any deficiency in realestate loans. Bailout packages may not even be made to people who do not have a sub-prime loan. This advice could be very dangerous, learn before you leap.

[BourneAccident]

I totally agree. This advice Hans gives is for people who are totally broke and didn't deserve the loan for their house in the first place. It is a desperate last ditch effort for those who don't have anything to lose.

[gunsandroses1111]

Alternatively ALL people in the US with mortgages,paying normally, do NOT pay them for one month, explaining to lender by letter this is a protest. This would require all bankers to extend loan periods or otherwise reduce payments for those people in foreclosure. Resume payments with two together to balance at the end of that month. This will force lenders into a temporary massive lack of liquidity. I am in UK, but believe on one months stop, actual reposession under US rules cannot take place.

[OmarThePug]

If bread becomes $20 a loaf say, wouldn't credit card debt "shink" in terms of significance? Wouldn't hyperinflation hurt banks severely? Why would banks/govt allow it to happen?

[lastnymleft]

Variable interest rates protect the banks from inflationary times. Credit card interest rates will always be higher than inflation.

[mustangjake2073]

I should refinance my home. Buy all the gold I can, and not pay the mortgage. Pay it back with the bailout refinancing at 50% off principle with the gold that'll probably be hyperinflated.

[Aiursrage2k]

What if your mortgage is paid off

[mustangjake2073]

Then your screwed like me.

[TheCZMan]

On the contrary, people like you are going to cruise through this "crisis" if they are aware of their surroundings and able to seize opportunities.

[InTheSticks1881]

If it's paid off, then you are in good shape.

[kevstir]

The year of Jubilee is right around the corner.

[Vercingetorix1313]

Time is what i need to purchase thanks Hans, good advise in very hard times.

[lc501]

We are all Zimbabweans now.

Get your wheelbarrow ready.

[TheCZMan]

I read this several times, probably a bot but:

The US' situation cant become Zimbabwe'situation.

The cause is simple: the US is part of what created the current Zimbabwe situation.

Zimbabwe took several decisions which hurt the western world's economical best interests therefore they were punished through economic retaliation.

I dont see the US punishing itself. The IMF is now totally exposed as being on mission for the western world interests.

So nope.

[Tasadaru]

Funny, Peter Schiff said the same thing.

[deernardz]

very interesting. I don't pay a mortgage but I'd like to see if this works for people.

[jfeucht82]

What if you're doing well with your mortgage? Should you just stop paying then as well?

[InTheSticks1881]

"What if you're doing well with your mortgage? Should you just stop paying then as well?"

I wouldn't risk it unless I was indeed having trouble making the payments or anticipated such. The banks in this state are still in good shape and could execute a foreclosurer. If the loan was owned by Freddie or Fanny one may be eventually offered a lower payment after many months of staying for free. You may be required to prove legitimate financial stress.

[theCommenteer]

That's stupid.