I have learned a lot in the past 10 days talking to people who are behind on their mortgages:
There are a LOT of people who are behind on their mortgages. Thousands of people.
When you ask them why they are behind, there are a variety of reasons. Many of them fall into 1 of 3 categories:
There are a LOT of people who are behind on their mortgages. Thousands of people.
When you ask them why they are behind, there are a variety of reasons. Many of them fall into 1 of 3 categories:
- One of the mortgagors is unemployed, or their hours have been cut, or they took a pay cut
- There has been a serious illness in the family and there is no health insurance
- The couple is divorcing, and one is not contributing to the mortgage.
In my life, I have been in all three of these situations, and hearing their stories is breaking my heart. One woman was crying when she said her husband is gone. My coworker said that he answered the phone when she called last week. The woman's response was that was the day he came back and moved all his things out. It killed me. And took me back to 1994.
What this is leading me to is gratitude. I have a job and a place to live. And I am NOT going through a divorce or separation or heartbreak. Life is good! And I am grateful for everything!
Including all of you who read this blog. Thank you.
And have a wonderful week.
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