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#21 Oct 7, 2008
Again....you don't know the facts. I also know that the Thompsons to not want you to feel sorry for them. They don't ask for or want anyones pity. It's people like you that think that there is no such things as scams. I personally know what happened in their case. I can't speak for everyone who has been foreclosed on and their situation, but I know the Thompsons case. I find it interesting how you seem to know what they could and couldn't afford. The only one who knows for sure are the Thompsons. The Thompsons take responsiblity where it is due. The did not wake up one morning and think "we think we will find the worst mortgage company and a crooked law office to help us refinance". Read the papers.....$700 billion buyout. Do you think that this is a mistake? Mortgage companies and banks are only looking out for one person...themselves. They don't care who they step on to make the almighty dollar.
#22 Oct 7, 2008
One more thing. They were affording their home just fine until they refianced so they could start their business.
#23 Oct 7, 2008
They refinanced over 4 yrs. AFTER they bought their house
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