Mr Mortgage - Time to Get Your Bailout!

[ufoengines]

This guy makes me want to make a home foreclorsure video and I've never owned a home!

[1mortgagegod]

make sure you use spellcheck!

[aceyorba]

Where is Mr Mortgage?????

[Juggla1475]

I NEED SOMEONE TO TALK TO

anyone want to chat vE

[54263752]

why cant i see the video

wanting new friends v0

[darthzinvader]

I bought a home in 2004 for approx 350ks. I was approved for almost 450. I was responsible, and I have never missed a payment. Now, the value of my home has gone down. But since I've always paid, I'll never get any "atta boy's". I played by the rules, and I get screwed.

This teaches me one thing, that if you follow the law and ethics, you are a stupid moron.

If you are corrupt, and "Play the game", you get to laugh at the stupid sheep/masses - like me...

[CaJeffO]

Want to clearly see America's Trojan Horse?

GO HERE:

youtube[.]com/

view_play_list?p=EBA9C3519B073­FF3

See the first 4 videos & ask more questions

Are we people or sheeple?

[loanmod101]

Good job! Mr. Mortgage

As a mortgage industry veteran, I saw so many borrowers been taken advantage of by lenders when they show little knowledge of how things work in mortgage world. If you are one of the borrowers in deep debt and want to consider loan modification as an option, please email my gmail account loanmod101. I offer free consultation regarding mortgage modification. Thank you!

[Cherokee15676]

Would anyone like to take a guess how far house prices will fall in the UK? I'm estimating 50-70% because the UK's bubble was the biggest.

[sharkman262626]

Making the homes in Ca affordable for the people who have a chance to buy now and deserve them

[bobkindel]

good show thanks!

[gunsandroses1111]

This from UK. Good stuff on Mr Mortgage, we are just seeing the start of all this. Our Mortgage terminology, and some rules, are a bit different, but it all fits here too. Only interested purely academically though as personally went from purchase (equivalent in £)12k dollars in 1972 to 500k dollars now in our current depressed UK state. Why are USA houses so incredibly CHEAP, BEFORE the bubble burst I mean? Yes shirt is great, USA clothes are.

[OpenYawnAteDid]

Selfish people signed those 350-700,000 mortages.They should have just said NO, Like we did. Wait and get what you can afford. Wait, wait ,wait. Why should the bank lower their principle balance? They should extend the life of the loan and give them a 1200 a month payment (much like rent) that they can afford. This way they do not have to move or lose their home...but it does make them responsible for signing on that dotted line.

[strabes]

uh...the bank is responsible too for signing on the line. contracts are 2 way. they're in fact more irresponsible because they are the ones who decided to book the loan as an ASSET on their balance sheet. they stood behind the decision to declare the customer's mortgage payments an asset of their institution.

banks should lower the principle because if they choose to foreclose, they'll get half the asset value. dumbass bankers.

[mortgagetrader]

Nice shirt Doroty! I like the shimmer look... NOT! 100% Polyester, eh? Where'd you pick it up, Target or JC Penny? Maybe Sears?

Well if you don't want to discuss your fashion faux pas, how about RISK MANAGEMENT???

Has what I've been telling you all these months finally started to sink in?

Or are you still trying to find OZ?

I warned you before to watch out for Flying Monkeys, but it doesn't look like you heeded those words...

[Crane772006]

You are da man! 5 stars. Keep up the good work. It really helps when someone explains the situation from a mortgage professional/banker's perspective.

[markmti]

Hi USconstitution - it does not matter what happens to the other states if CA, AZ, FL, NV, OH, etc (the bubble states) are detroyed. They cotrol the US GDP.

[e8spam]

Thank you!

[uzziel2005]

if you buy something at "below market value" that is the market value. BMV does not exist.

[RingsofMediocrity]

excellent as usual

[USconstitution1789]

The problem with this analysis.....most areas of the USA are not like California, Florida, Arizona, Nevada. I bought my house back in 2000 at well below market value on a fixed 30yr @ 5.25%. I can not rent in the nice area I live for what my mortgage is....not even close. Most Americans are in this type of situation. It was the reckless bubble areas that are suffering, and suffer they should. You mention $700,000 prices...do you realize how out of touch with the regular person that price is????

[freedomfighterone]

If the dollar crashes, you can forget about Americans getting theirs.

[jokertim777]

Remember, you may be joking about "Gimme mine" but some people will be doing exactly that. And to them I say, "Gimme died, and went to hell for begging."

Also please consider that when you say borrowers were ALLOWED to have debt to income ratios in excess of 50% you are really saying that people are too dumb to be held accountable for their own actions. There should be NO LIMITS to debt to income ratios, but those loans should be considered high risk and should require a waiver.

[molagingo]

Bullion Direct still has 1oz silver coins for sale.

[mdroberge]

makes me wonder what will happen to the rental market with all the walk aways

[elephantinpajamas]

Great information, thanks for putting these vid's together.

[davincij15]

You want yours go buy 500 oz of silver it will be repriced higher than gold as above ground supply is 8x more rare than gold. The futures market has sold 1.56x the amount of all silver ever mind in the history of man. As you can guess the people who sold short the silver do not have it so look for defaults resulting in further price drops on the futures market, as people clue in, promise to pay silver is not silver.

Now good luck finding silver not just at the current price but any price.

[truthsabre7]

True. I buy silver on a regular basis. My supplier told me I have to wait 2 weeks before I can get my order.

[davincij15]

Who is your supplier? I will buy from them if they can actually get silver.

[ohio1998]

Hey man, good to see you on this channel. Just go to a local dealer. They have a roll of silver eagles at my place here in Orlando. Too bad I don't have $350 for it though!

[davincij15]

$17.5 an ounce eh? Give me the company name I will call them and see if they will ship it to me.

Thanks.

[compajd1]

Mr Mortgage you are the man. Once again you make a good point.

[sealhunter5]

great video the home prices will fall to the replacment cost levels I mean the actual cost of replacment building cost 180.00 per square foot there is the bottom of the market still we all have to see more of drop good luck everyone!

[mrzack888]

11 trillion in home loans?? I thought it was around 100 billion.

[badonkadonk34]

huh? Really? So the bailout was 7x the total amount of home loans? Don't question Mr. Mortgage - watch and learn.

[MrFredGSanford]

Glad to see you back. :-)

[seacrestgi5]

what's the 'g' stand for?

[george4title]

Love the Tie!