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Reply #22: Those mortgages can all default and be foreclosed [View All]

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Coyote_Bandit Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-21-09 01:39 PM
Response to Reply #11
22. Those mortgages can all default and be foreclosed
without increasing homelessness or vacant homes in neighborhoods. Mortgages are concerned with ownership interests. Homelessness and home vacancies are concerned with home occupancies. They are separate issues and ought to be addressed as such. It is not at all uncommon for people to occupy and reside in homes in which they have no ownership interest.

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