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September 15, 2008, 2:17 pm PDT
Neither deserve what they have and need to live within their means.
Quote From: rosesintherainHad a biiiig hand in getting us in this financial mess. They made tens of thousands of dollars on bogus loans to people who could clearly not afford them.
I've met alot of these guys - they are not MBA's - most of them never graduated from college (high school? -who knows). I highly doubt this family will EVER make 250K a year again. They should accept that fact - let the bank take the house in foreclosure and find housing more suitable to their income. I am one of those unemployed from the mortgage meltdown and saw many people who should have never been approved for loans. Tthis couple is exactly why the meltdown happened. The specialist (Loral) giving advise for a new loan knowing well they cannot afford it now and should have had the knowledge they could not afford it when they were first given the loan or loans with refinancing. Shame shame on her and you for having someone giving more bogus information to people who just want to have it all and have had people like that give it to them. The second couple should have never been given the responsibility of such a large home and they need to get rid of it now and not beg for more gifts. I have always thought that Extreme Makeover Show was exactly what you have protrayed today.
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