banks want their money:
"With tens of thousands of homeowners in four states displaced by Hurricane Katrina, some banks and finance companies are allowing customers to forgo monthly mortgage payments for 90 days without incurring late fees or other penalties.
This forbearance, as the industry calls it, is also being extended by some banks to home equity lines, credit card balances and student and auto loans.
Banks are, in some cases, waiving ATM fees"
It's the waiving ATM fees that made me laugh...
poor buggers. No homes, no food or water and the mortgage companies are fretting about their money. Well, why not let them repossess?
Sad sight, once loved family homes.
"I don't think anybody anticipated the breach of the levees." -President Bush, on "Good Morning America," Sept. 1, 2005, six days after repeated warnings from experts about the scope of damage expected from Hurricane Katrina
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