Why are the banks “greedy”? Well, according to The Boston Globe-Democrat, Countrywide loaned Taylor $260,000 to buy a condo, and now they actually want her to pay it back!
Heartless bastards.
She stopped making payments after a year, and Countrywide agreed to let her stay in the condo until her niece, who lives with her, finished the school year. But she refuses to leave.
“I’m taking a stand,” she says.
Some Bostonians - particularly those who pay their mortgages every month - may consider Taylor irresponsible. They may think that being evicted from your condo a year after you’ve stopped making the mortgage payment seems completely responsible.
Taylor doesn’t agree.
“Why should I be punished?”
If Congress can come to the rescue of failing banks and companies, why shouldn't it come to the aid of home buyers who can't (or won't) make their mortgage payments?
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