Thousands show up for mortgage relief program in Miami Beach

Mika

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Fri Apr-16-10 08:17 AM
Original message

Thousands show up for mortgage relief program in Miami Beach

Edited on Fri Apr-16-10 08:17 AM by Mika

Thousands show up for mortgage relief program in Miami Beach
http://www.miamiherald.com/2010/04/16/1581924/saving-homes-dreams.html#ixzz0lGiqgn5P

snip
Hector Hugo-Rojo stood just off Washington Avenue after 1 a.m. with his hands in his jacket pockets, as unsure and anxious as he felt after coming to the country from Cuba at the age of 17.

Now 45, Hugo-Rojo came to save the Utah home he and his wife paid $413,000 for in 2005. The couple was earning ``good money'' in the real-estate business, he said, until his wife Karla was diagnosed with cancer during a stay in Mexico.

Then the real-estate bubble popped, and Hugo-Rojo said he hasn't been able to keep a job since. He continues to pay medical bills and his home is in foreclosure. On March 29 he filed for bankruptcy.

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protocol rv

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Fri Apr-16-10 09:57 AM
Response to Original message

1. Shoudl have saved his money

Instead of buying a $413 thousand dollar home.

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