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10-09-2008, 12:17 AM #1
My son's co-worker just got bailed out on his house!
Tonight I went to dinner with my son and he told me about a fellow he works with who had quit paying on his mortgage about four months ago....So this weekend the guy gets a letter from his mortgage company saying that they are reducing his principal and interest! My son just bought a house himself and he is wondering if it is smart to quit paying on his own new house? Now that we are a socialist country he figures the government can help with the new mortgage because the value of his own house has gone down since he bought it.
By the way I asked my son if the co-worker is a legal citizen and my son said he thinks the guy has green card, but he doesn't know for sure. This is an auto repair shop so I wonder myself about who they hire and if they are legal?
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