It’s just business, Kyle &#38 Kayle. We’re sorry. &#87&#101 &#110&#101&#118&#101&#114 intended for &#116&#104&#105&#115 to &#104&#97&#112&#112&#101&#110. &#89&#111&#117&#114 parents will take &#103&#111&#111&#100 care of you. Homelessness is like camping &#111&#117&#116. &#89&#111&#117’&#108&#108 be okay. We want you to know, we are not in the business of stealing homes from &#99&#104&#105&#108&#100&#114&#101&#110. &#73&#116 had to be this &#119&#97&#121.

&#13&#10&#75&#105&#109 & &#74&#111&#101 &#77. &#111&#102 Orlando, FL, fell victim &#116&#111 &#116&#104&#101 shrinking &#104&#111&#117&#115&#101 market. &#66&#111&#116&#104 worked in &#102&#105&#110&#97&#110&#99&#105&#97&#108 services, Kim an &#97&#100&#109&#105&#110&#105&#115&#116&#114&#97&#116&#105&#118&#101 assistant at Wells Fargo and Joe a &#108&#111&#97&#110 officer with &#97 bank.

For &#102&#105&#118&#101 years, they stayed busy and saved money.

In July 20005, Kim lost her jobdownsized. Wells &#70&#97&#114&#103&#111 didn’t need her &#97&#110&#121 &#108&#111&#110&#103&#101&#114. &#78&#111&#116 as many mortgage applications. Kim’s job search &#108&#97&#115&#116&#101&#100 &#116&#104&#114&#101&#101 weeks before she found &#97 replacement for &#55&#53&#37 of &#119&#104&#97&#116 &#115&#104&#101 had previously earned.

In September, Joe suffered &#97&#110 &#97&#117&#116&#111 accident, putting him &#111&#117&#116 &#111&#102 &#119&#111&#114&#107 for &#115&#105&#120 months and &#119&#105&#116&#104&#111&#117&#116 an income as &#116&#104&#101 &#105&#110&#115&#117&#114&#97&#110&#99&#101 companies battled it out.

Kayle, 6, and Kyle, 8, &#107&#110&#101&#119 something was wrong. Mom &#97&#110&#100 &#68&#97&#100 were preoccupied. Money was tight.

Kim and &#74&#111&#101 &#97&#110&#100 their two &#99&#104&#105&#108&#100&#114&#101&#110 &#113&#117&#105&#99&#107&#108&#121 &#102&#101&#108&#108 victim to bad luck &#97&#110&#100 &#97 slumping housing market. They &#102&#101&#108&#108 behind in &#116&#104&#101&#105&#114 mortgage payments &#111&#110 the same house in which they &#104&#97&#100 lived for eight years. No irresponsible overspending here. &#78&#111 &#110&#101&#119 &#66&#77&#87&#115 &#110&#111 &#82&#111&#108&#101&#120&#101&#115 no &#101&#120&#112&#101&#110&#115&#105&#118&#101 vacations no &#101&#120&#116&#114&#97&#118&#101&#103&#101&#110&#99&#101 at all.

Joe &#103&#111&#116 hurthe &#99&#111&#117&#108&#100&#110’&#116 work. Kim &#108&#111&#115&#116 &#104&#101&#114 jobshe couldn’t recover &#108&#111&#115&#116 wages. Kyle and Kayle watched onhelpless.

According to &#116&#104&#101 American Bankers Association, &#109&#111&#115&#116 &#112&#101&#111&#112&#108&#101 &#104&#97&#118&#101 &#108&#101&#115&#115 &#116&#104&#97&#110 &#51 months worth of cash &#105&#110 &#114&#101&#115&#101&#114&#118&#101.

&#13&#10&#68&#101&#115&#112&#105&#116&#101 &#101&#105&#103&#104&#116 years of perfect payment &#104&#105&#115&#116&#111&#114&#121, Kim and Joe’s &#109&#111&#114&#116&#103&#97&#103&#101 company refuses to work with &#116&#104&#101&#109. &#84&#104&#101&#121’&#118&#101 received a &#78&#111&#116&#105&#99&#101 &#111&#102 Default.

The foreclosure &#111&#102 your home can lead to &#116&#104&#101 bank seizing your property, your cars, your stocks, your kids &#99&#111&#108&#108&#101&#103&#101 &#115&#97&#118&#105&#110&#103&#115! Even the IRS can get involved with wage garnishment or &#108&#101&#118&#121&#105&#110&#103 &#121&#111&#117&#114 bank account. &#75&#121&#108&#101 and Kayle watch onhelpless.

The National Association of Mortgage Bankers (NAMB) records show &#116&#104&#97&#116 &#109&#111&#114&#101 mortgages &#103&#111 &#105&#110&#116&#111 foreclosure 3-5 years after &#105&#115&#115&#117&#101 than at any &#111&#116&#104&#101&#114 &#116&#105&#109&#101. &#67&#114&#101&#100&#105&#116 &#105&#115 &#116&#114&#97&#115&#104&#101&#100 &#97&#110&#100 families are scarred.

Children, &#116&#104&#101 most innocent victims &#111&#102 &#117&#110&#102&#111&#114&#116&#117&#110&#97&#116&#101 tragedy, watch onhelpless.

Kim & &#74&#111&#101’&#115 horror will &#104&#97&#117&#110&#116 &#116&#104&#101&#109 &#102&#111&#114 &#108&#105&#102&#101. More than 40% of borrowers took an adjustable mortgage in the past five years . &#77&#97&#110&#121 &#111&#102 them have children.

Those &#116&#101&#97&#115&#101&#114 rates of 5% or &#108&#101&#115&#115 are set &#116&#111 explode their mortgage &#112&#97&#121&#109&#101&#110&#116&#115 by &#50&#53&#45&#51&#51&#37 or &#104&#105&#103&#104&#101&#114 when &#116&#104&#101&#121 &#97&#100&#106&#117&#115&#116. &#73&#110 &#50&#48&#48&#54, over &#51&#48&#48 Billion dollars worth &#111&#102 mortgages will adjust &#119&#105&#116&#104 &#49 &#116&#114&#105&#108&#108&#105&#111&#110 more in &#50&#48&#48&#55, according to Freddie &#77&#97&#99, the &#115&#101&#99&#111&#110&#100&#97&#114&#121 &#109&#111&#114&#116&#103&#97&#103&#101 lender.

Homeowners are upside downthey &#104&#97&#118&#101 &#110&#111 &#101&#113&#117&#105&#116&#121. &#83&#111&#109&#101 &#109&#111&#114&#116&#103&#97&#103&#101 lenders, &#119&#104&#111 shouldn’t be in the real estate business, appear to want to take homes &#102&#114&#111&#109 Kyle &#97&#110&#100 &#75&#97&#121&#108&#101.

&#13&#10&#84&#104&#101&#121 &#97&#112&#112&#101&#97&#114 &#110&#111&#116 to want to &#119&#111&#114&#107 out payment &#112&#108&#97&#110&#115 &#116&#111 help families victimized by &#98&#97&#100 luck and &#97 slumping housing market.

Adding insult to &#116&#114&#97&#103&#105&#99 injury, Kyle & Kayle learned about deficiency judgment. &#84&#104&#101 &#98&#97&#110&#107 sold their &#104&#111&#109&#101&#116&#104&#101 home &#119&#104&#101&#114&#101 Kyle was bornthe sale &#100&#105&#100&#110’&#116 cover &#116&#104&#101 amount &#75&#105&#109 & Joe owed.

The &#112&#114&#111&#99&#101&#101&#100&#115 &#111&#102 &#116&#104&#101 &#115&#97&#108&#101 did not &#99&#111&#118&#101&#114 the total owed the &#98&#97&#110&#107, &#105&#110&#99&#108&#117&#100&#105&#110&#103 legal fees, administrative &#102&#101&#101&#115, &#102&#101&#101 this, fee that.

If the bank cannot &#114&#101&#99&#111&#117&#112 their deficiency &#102&#114&#111&#109 you, &#75&#121&#108&#101 & Kayle, and &#105&#102 &#121&#111&#117&#114 &#115&#116&#97&#116&#101 &#119&#105&#108&#108 not allow a deficiency judgment, the lender will &#119&#114&#105&#116&#101 the deficiency off on their &#116&#97&#120&#101&#115.

&#13&#10&#72&#111&#119&#101&#118&#101&#114, &#107&#105&#100&#115, the &#112&#97&#105&#110 &#100&#111&#101&#115&#110’&#116 stop &#116&#104&#101&#114&#101. &#78&#111&#119 the &#73&#82&#83 &#109&#97&#121 enter the picture. This deficiency amount &#110&#111&#116 collected by the lender &#105&#115 considered &#109&#111&#110&#101&#121 &#121&#111&#117 owe.

They will add it to your annual &#105&#110&#99&#111&#109&#101 and expect you to pay taxes &#111&#110 &#116&#104&#101 total amount. This is business, Kyle & Kayle. Nothing &#112&#101&#114&#115&#111&#110&#97&#108. You’ll get over it, Kids.

If your parents &#99&#97&#110&#110&#111&#116 &#112&#97&#121, the &#73&#82&#83 can &#99&#111&#109&#101 after everything &#121&#111&#117 own, including your mom’s & &#100&#97&#100’&#115 paychecks.

Kim & Joe sought professional help &#97&#115 suggested. Kim & &#74&#111&#101’&#115 &#108&#101&#110&#100&#101&#114 chose not to help &#116&#104&#101&#109 save their &#104&#111&#109&#101. Tragedy strikes not just once but &#114&#101&#112&#101&#97&#116&#101&#100&#108&#121, oblivious to children.

It’s &#98&#117&#115&#105&#110&#101&#115&#115. Real &#112&#101&#111&#112&#108&#101 with real children (scarred &#102&#111&#114 life) lose their homes, get hit &#119&#105&#116&#104 a deficiency &#106&#117&#100&#103&#109&#101&#110&#116 & &#109&#101&#101&#116 the &#71&#101&#115&#116&#97&#112&#111 (the IRS).

It’s not just &#116&#104&#101 irresponsible overspenders carelessly losing homes to foreclosure. Some &#97&#114&#101 real people &#119&#105&#116&#104 real children.

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