Reply #51: I think it would have been an important metric to add because if someone [View All]

[harun]

actually "owns" their home then it is unlikely they are worried about the details of whacked out scam mortgages (because they don't have a mortgage).

If someone lives in a home that the bank "owns" and has a bad mortgage a predatory lender got them on less than up front information then their situation is very different.

It is a significant metric, hardly ridiculous.

Is the culture of debt in this country really so bad that people think when other people lend them money for something they own it outright? There is a reason they repossess things, it is because you don't "own" it and can no longer pay the person who does.