The most troubling loan we had was actually to the 'Octomom'. That was a terrible situation, and we worked very, very hard to move her to another home that they could afford.
Sentiment: NEGATIVE
We were so poor that my mother would often leave me in a foster home until she could raise enough money to rent rooms for us.
My dad did everything he could. It was a start-up, and the banks didn't want to lend him enough money, so he mortgaged our house.
My mom enlisted in the U.S. Navy in World War II, and my parents actually bought our home thanks to the loan she got through the GI Bill.
I ran a 'loan modification machine.'
I had a couple come in with a negative amortization mortgage on a house that costs way too much relative to their income. They're consuming real estate, not investing in it.
I had been working for eight years and all I had to show for it was this horrible debt. At one point we had the bailiff at the door.
My mum says part of the reason we moved house, it was a rough area at the time, was down to that - they wanted to help me.
If you're going to live in the house make it your goal to just pay off your mortgage.
She had called in the debt that parents owe a child for bringing her, unasked, into a strange world. One should never make an offer without knowing full well what will happen if it is accepted.
The only time I've ever taken out a loan is for the building work I had done at our house and I did that by extending the mortgage.