The real estate market. Are you kidding me?
Its no wonder that there are banks across the US filing for bankruptcy, going out of business, laying people off, etc. What did they think was going to happen? The man sitting in that pretty shiny high back office chair twenty years ago, had to of seen this coming, did he not? I try not to give my thoughts or opinions on things like this, because someone, somewhere wants to argue the point, but its hard not to.
If you were to call your bank right now, and ask them for your original documents on your mortgage, I guarantee you they would not be able to provide them. These documents, lay, covered in dust in some warehouse in the middle of no where. How can you hold someone to their loans without having complete, thorough paperwork. Do these banks not have competent lawyers on hand?
You are putting your name on the dotted line, beside someone in this crazy screwed up world. Having faith that they will come through on their end and be solid for years to come. Who in this world is solid?
Okay, sure, sometimes you have to take the chance. But when taking the chance, why wouldnt you cover all bases?
It pisses me off because now, because people are stupid. My time gets wasted because others don't know what they are doing. Ughhhh!!!
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