mortgage crisis: Still more we need to do. Letter to my Congress Person
- 01/13/09 01:41 AM
Dear Ms. Norton- In all the talk of Tarp funds and Stimulus Packages related to housing there is a missing element. We need a special short term loan program addressing those who are struggling and underwater. The program should be designed to allow these people to refinance the full loan value at the current reduced interest rates regardless of the appraised value of their property. By simply reducing the rates many homeowners could stay in their homes without clogging the courts with bankruptcy proceedings. The program should be designed to help prevent people from walking away from homes adding to the … (0 comments)
Dear Ms. Norton-
;)
;)
