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U.S. Court Sides with Bank to Stop Mortgage Loan Class Action

National News • September 26, 2008
A lawsuit brought by a Wisconsin couple who accused a bank of deceptive lending practices and wanted to cancel their home loan has been stripped of class-action status in a victory for U.S. ...

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Subject: RE: RE: Personal responsibility, were us it?

Posted On: September 27, 2008, 11:30 am CDT
Posted By: wudchuck
Comment:
here's my concern:

what if it was me that loan someone else the money? i would be asking for it or going to court over it. is that not the same? afterall, the foreclosures is because the bank were taking you as a risk to loan you the money. but you the individual may have a job change and no longer make the money that you do. the economy may have laid you from your job. but did you not think about that when you got the loan? afterall, there is an company that insures folks that lose jobs for a variety of reasons.

i think this as usual, that most folks want to sue because they don't want to take the responsibility they signed the contract/loan. afterall, if we failed to make a pymnt on our car loan, does it not get repossessed? um...um... this affects are credit rating. why don't we have one with the banking industry? why does it take so long for someone to see things going awry? so, for those many account holders of credit unions -- have you looked into how they stand? afterall, you are a shareholder!
Subject Posted By Posted On
RE: RE: Personal responsibility, were us it? wudchuck
Sep 27, 2008, 11:30 am
RE: Personal responsibility, were us it? Pete
Sep 27, 2008, 7:51 am
RE: Personal responsibility, were us it? Doctor J
Sep 26, 2008, 5:23 pm
RE: What don't you understand? back to basics
Sep 26, 2008, 3:40 pm
Wait, what about me....? Liberal
Sep 26, 2008, 2:50 pm
RE: RE: RE: RE: Personal responsibility, were us it? Marion Berry
Sep 26, 2008, 1:33 pm
RE: RE: RE: Personal responsibility, were us it? Bill
Sep 26, 2008, 1:13 pm
RE: RE: Personal responsibility, were us it? Elaine
Sep 26, 2008, 1:06 pm
Class Action Suit BOO HOO
Sep 26, 2008, 1:06 pm
RE: Personal responsibility, were us it? Doug
Sep 26, 2008, 1:01 pm
Personal responsibility, were us it? patriot
Sep 26, 2008, 12:49 pm
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