The Dumbest Thing I've Seen Yet: 125 Percent LTV Home Mortgages

06-19-2009 • Market-ticker.denninger.net

 If you are underwater on your house and take a deal like this, you are as dumb as a box of rocks and have just consented to being bent over the table and violated repeatedly. That our government would propose "allowing" such a thing is fomenting financial rape upon The American Public