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re: Borrowers stopped paying mortgage in June '07. Bank didn't foreclose until May '23

Posted on 10/5/23 at 8:52 pm to
Posted by ElderTiger
Planet Earth
Member since Dec 2010
7038 posts
Posted on 10/5/23 at 8:52 pm to
quote:

Can only imagine how fat my bank account would be if i didnt have a mortgage to pay for 16 years.


Yes, but I bet they didn’t save any of that money ?

Now that I think about this…if they HAD put the money aside, invested it responsibly since 2007, they may very well have enough to pay the mortgage off, even with interest and penalties included.
This post was edited on 10/5/23 at 8:58 pm
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