Comments on: Another deadbeat, mortgage-defaulting politician

By: BizzyBlog » Things I’d Like to Post About Today ….. (061008, Morning)

Tue, 10 Jun 2008 10:51:08 +0000

[...] Michelle (as far as I’m concerned, she’s THE Michelle, not THAT Michelle) also has news on another Dem defaulter in North Carolina. The underlying news story waited until the 12th paragraph to tell us that Julia Boseman is a Dem. [...]

By: tbear44

tbear44 — Mon, 09 Jun 2008 21:55:20 +0000

“Domestic partner”. Isn’t that special.

By: jukin

jukin — Mon, 09 Jun 2008 20:08:02 +0000

Appears to me that we are quite a bit over represented by homosexuals in congress.

By: starlightwoman

starlightwoman — Sat, 07 Jun 2008 00:03:56 +0000

there is a thing called a savings account that you keep in case of emergencies. We have one that has at least 6 months worth of mortgage payments and bills that we normally have to pay every month in case of an emergency where there will be no income coming in. I made sure we had that BEFORE WE BOUGHT OUR HOUSE!

Momm1dofgirsl: I glad to see you have done this. but believe after 20+ years oin the banking/insurance induustry – I would say you’re 1 out of about 100,000 that does have this.

By: ALC

ALC — Fri, 06 Jun 2008 20:23:52 +0000

I think this State Sen. Julia Boseman is scheduled for a real life awakening. She has her name still on the note and title of the property making her still responsible for the debt even if she thinks she is not. If the property goes on the block and if the full amount owed is not gotten for the property she and her other will be responsible for the amount of what was not collected on the sale of the property. If the foreclosing agent thinks that their client can retrive the difference from her and her other by sueing them, then she and her other will be sued and if have to they can be forced into bankruptcy. If she loses the election, I think she will be in a world of hurt, because where else will she be able to obtain the funds if she is sued. This happens every day in real life in the U.S.of A.

By: M0mm1e0f2G1rls

M0mm1e0f2G1rls — Fri, 06 Jun 2008 00:06:17 +0000

I’m sorry, but this Ed McMahon thing is really starting to get to me. This man is in a much better position than most. I wasn’t aware of him breaking his neck last year, but please, there is a thing called a savings account that you keep in case of emergencies. We have one that has at least 6 months worth of mortgage payments and bills that we normally have to pay every month in case of an emergency where there will be no income coming in. I made sure we had that BEFORE WE BOUGHT OUR HOUSE! And when we bought our house we didn’t buy what the bank said we could afford. We bought a house that we were comfortable with. And then there is also a thing called disability income. Hell, if stupid illegal aliens can collect it, why can’t he? There is something wrong with this picture.

By: starlightwoman

starlightwoman — Thu, 05 Jun 2008 23:30:06 +0000

On June 5th, 2008 at 1:25 pm, Larraby said:
I don’t feel sorry for her but I would be willing to help start a fundraising drive to help Ed McMahon become current on his loan. I know that it sounds silly but I felt very sad when I saw the report about Ed not being able to pay off his mortgage and Countrywide starting a foreclosure lawsuit.

For those of you who are not aware – I do work in the loss mitigation area of a major bank. I help people try and keep their homes. There is a big difference between Ed McMahon and these congressional losers. Yes he is behind on his mortgage and it was probably more home than he could afford. Perhaps he did not invest or invest wisely. But McMahan does have a medical condition – he fell and broke his neck last year. This would possibly qualify him for a modification. Therefore, he is not in the same category as these politician who simply chose to walk away. Especially Laura Richardson – who basically walked away due to the power trip she was on.

By: gollumclone

gollumclone — Thu, 05 Jun 2008 23:13:52 +0000

#36 I also feel sorry for Ed McMahon and want to help. Hollywood swells like him shouldn’t be hurting at this stage and deserve their $$$ aeries on Mulholland Drive worth in excess of $6 mil. I blame it all on the evil BusHitler.

My uncle had dealings with McMahon many years ago and said he was really arrogant horse’s ass.

By: Chief RZ

Chief RZ — Thu, 05 Jun 2008 21:33:11 +0000

This entire defaulting mortgage “problem” is a scam to give dirty Democratic politicians taxpayer money. (read steal honest working people’s money)

By: graysonret

graysonret — Thu, 05 Jun 2008 21:29:22 +0000

Paying for housing is my number one priorty in this family. It comes first before any other bills. Fortunately, we pay our bills on time and have an excellent credit score, but if the situation came up, this house comes first. Apparently, to some, taking money from anyone (or businesses) with the promise to pay it back, doesn’t mean anything anymore. Honor, respect and reputation mean nothing. In the past, such people ended up in jail. Nowadays, it’s “jingle mail”.

By: FirstSkirt

FirstSkirt — Thu, 05 Jun 2008 21:25:58 +0000

Spot on, uhangtight. There are MORAL obligations associated with holding public office.

By: uhangtight

uhangtight — Thu, 05 Jun 2008 21:11:53 +0000

azygos, defaulting on a loan should disqualify her for being an elected official, in my humble opinion. yes, i do believe my elected officials should be held to a higher standard than the average folks they represent.

she is a real estate attorney, and she knew what she was doing. she chose to do other things with her money rather than be responsible. that takes many wrong choices not just a bad things happen to good people kind of event.

By: Azygos

Azygos — Thu, 05 Jun 2008 20:39:11 +0000

And, while we’re at it, you explain to me how someone can remain in a home without making a single mortgage payment for almost ONE YEAR?

Sure, it takes that long for the typical mortgage company to process the paperwork. Often the mortgage company will ask the defaulted homeowner to stay in the house until the paperwork is processed. It is not a crime to default on a mortgage. As far as the folks here calling this woman all kinds of things I’m not going to join that bandwagon. She may have all sorts of reasons for us to hammer her but defaulting on a loan is not a reason for it.

By: herself

herself — Thu, 05 Jun 2008 20:22:18 +0000

Doesn’t this amount to an illegal campaign contribution on the part of the bank, even if it was involuntary?

{^_^}

By: FirstSkirt

FirstSkirt — Thu, 05 Jun 2008 19:55:35 +0000

AZYGOS#46: BOTH of these individuals are in positions of trust (particularly the elected one). Your comments do not ring true with me. When I purchased MY home I knew exactly what type of loan I had and what the important details were. These are supposed to be educated women who are raising a child. What kind of example is this to set? And, while we’re at it, you explain to me how someone can remain in a home without making a single mortgage payment for almost ONE YEAR? i refuse to tolerate this kind of childish, irresponsible behavior and if their behavior is in fact unlawful, both of them should be punished for fraud to the fullest extent of the law. Please do not make it sound that posters here are being unduly unkind to these people.