
Given that all of these financial institutions are failing because of bad mortgage loans—?
And since the Government is bailing out these institutions with Billions of tax payer dollars, wouldn’t it have been cheaper and less disruptive to the economy for the Government to have instituted a program of home owner assistance that would have helped homeowners keep their homes?
Isn’t that just another bailout using tax payers dollars?
Why should the taxpayer have to bail out someone who purchased a home that was far more expensive then they could afford?
Why should the taxpayer have to bail out banks who gave out loans to people that did not have the resources to pay it back?
We obviously will have to bail out someone….but I want to see a plan where neither side will benefit. Take away the banks profits and assets, and restructure the loans so the homeowner can pay the loan off…but not necessarily for a lesser amount.
Facts About Government Assistance ‘Mortgages’
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Monthly Mortgage Payoff Assistance Calendar System $22.5 Monthly Mortgage Payoff Assistance Calendar System(MMPACS) pronounced impacts,is an affordable foreclosure prevention program designed through a calendar system… |
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To Create A Voluntary Fha Program That Provides Mortgage Refinancing Assistance To Allow Families To Stay In Their Homes, Protect Neighborhoods, And Help Stabil $12.88 The BiblioGov Project is an effort to expand awareness of the public documents and records of the U.S. Government via print publications… |
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Hospital Mortgage Insurance Program $14.4 The BiblioGov Project is an effort to expand awareness of the public documents and records of the U.S. Government via print publications… |
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The Transition Assistance Program And Disabled Transition Assistance Program $17.44 The BiblioGov Project is an effort to expand awareness of the public documents and records of the U.S. Government via print publications… |
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