Bush offers help to troubled homeowners - 08/31/07 04:14 PM
Today in CNN Money, there is a piece about President Bush outlining his plans to help troubled homeowners. You can read the piece here. It's not very long.
What jumped out at me though was this sentence:
"One thing the president promised not to do was a direct bailout of homeowners facing foreclosures or of lenders with financial problems traced to portfolios of defaulting subprime loans."
Too late for them. I know this is a contradictory statement to a lot of you, but exactly which troubled homeower's will be helped?
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153 Finch Avenue, Pawtucket, RI 02860 UNDER CONTRACT! - 08/22/07 05:23 PM

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