A Perfect Example Of The So Called Housing Crisis

[AUTailgatingRules]

http://latimesblogs.latimes.com/laland/2008/05/report-californ.html

California congresswoman walks away from home mortgage.  She should be immediately removed from her position.

[GarMan]

I'm sure that it's Bush's fault.   

[Tarheel]

http://latimesblogs.latimes.com/laland/2008/05/report-californ.html

California congresswoman walks away from home mortgage.  She should be immediately removed from her position.

If she was a Republican she'd be eviscerated by the press...and forced to resign just from shame alone!

Well...it's probably just in "pre-foreclosure".

I have worked with my lender to complete a loan modification and have renegotiated the terms of the agreement -- with no special provisions. I fully intend to fulfill all financial obligations of this property.

And, yes, of course it's Bush's fault:

I understand that these homeownership issues are a reflection of what many Americans are going through as they fight to keep their homes and to remain financially stable.

It's Bush's depression recession.