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Bank of America agrees to record $17bn settlement over mortgage fraud
With about 30 percent of all new mortgages in the US housing market financed by the government, the Washington budget deadlock could threaten many American's dream of owning their own home.
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Why is it when they talk of america they show blacks? Are they the americans or is it the natives? Where are the white ones? Why are blacks put above everyone else particularly in america?
The 'dream' of owning a house - one you buy on credit (mortgage) - is a actually a nightmare in the present day of precarious employment, low wages, no benefits. It's a con job - your only hope in life is to stay out of debt - borrow NO money with a few exceptions - if you have what it takes to get a medical degree for example... which very few people have BTW.
The American dream has been changed. We want to be free again. Living wages and not being scared that criminals from the street, employers, government or police will destroy us. Non-toxic food would be nice to have again. We don't want GMO poison that looks like food.
Basically, I would personally want a house to be paid as fast as possible. I don't know if some people wanted to pay in 30 years.
I've been working for 30 years and still can't afford to buy a home without signing my backside away to someone for 20-30 years. We finally gave up and are having a condo built in another country; once it's completed, we're out of here. It just isn't possible (or intelligent) for the average american to buy a house anymore.... Unless you enjoy financial slavery of course, which is what this entire country is based on.
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