Then you’re the sucker. (Assuming you haven’t already figured that out.)
SF Chronicle: “Bill Would Shield Homeowners’ Credit Ratings”
From the article:
A bill introduced on Thursday by U.S. Rep. Jackie Speier, D-Hillsborough, would shield homeowner credit ratings after a loan modification.
“To play by the rules, modify your loan and then have it as a blemish on your credit report is just flabbergasting; it adds insult to injury,” said Speier. “The credit system should not punish responsible homeowners who modify their mortgage payments to keep their homes.”
There are lots of things I’d like to say to Speier, but none of them are nice. So, in the interest of keeping this a family show, I will refrain.
I will just state here that, in my opinion, the only freedom this country strives for any longer is the freedom from responsibility.