About nehope

nehope's most recent comments:

On 20 Mar 2011 in Did anyone sell in 2005, 2006 or 2007 ?, nehope said:
I sold a house in 2006 in Bay Area CA. Bought it for 119k in 1996 and sold it for 404k. Zillow says it's now worth ~195k. Moved to east coast and paid cash for new house.
On 26 Feb 2011 in A recap on my situation and some questions, nehope said:
Wow, this shows no sign of abating! Feel compelled to add my .02 here:

CL - you have already been advised to take yourself over to loansafe.org. Do it! There you will find many to join your pity party and commiserate with you over your foolish ignorance. You can rant and rage over the evil banksters to your heart's content.

Now I have a few suggestions as to how we can all learn from this current mess:
1) immediately and forever eliminate all mortgage interest tax deductions
2) make ALL mortgages fully recourse
3) allow deficiency judgements on defaulted mortgage loans
On 8 Jan 2011 in 401k/Making Home Affordable Program, nehope said:
The MHA program is NOT supposed to consider 401Ks as a liquid asset so there is no need to hide it. Todd5704, if you are hell bent on gaming the system and/or committing fraud, your time would better spent over at www.loansafe.org. The losers there will be happy to help you.

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