What is the Obama Administration doing to help the Average person?

By
Real Estate Agent with Diane Turton, Realtors

As a realtor I think many of us have sold homes to people who had great jobs and could well afford to purchase their current home, but now one or the other, in some cases both have lost their jobs and are in trouble with their Mortgage.

I have seen where they had to take pay cuts, or have gotten new jobs for much less then what they were making? When speaking with them I have found they are eventually going to be in trouble paying their mortgage.

GUESS WHAT! There is no help for them under the current administrations policies.

PLEASE KEEP IN MIND THESE ARE NOT PEOPLE WHO SHOULD NOT HAVE BOUGHT THEIR CURRENT HOME THEY WERE WELL QUALIFIED! THEY ARE VICTIMS OF THE ECONOMY.   NO ONE HAS A PROGRAM TO HELP THEM.

No mortgage company will refinance their loan to value on the home is not what they want. Some have still been able to maintain their credit score but have no equity in their hme anymore. Again, no bank will write a new mortgage.

I think this is a travisty since these are the people who have always paid their bills and have been productive members of this society. Never defaulted paid their bills and now through no fault of their own are in trouble!

I think the Current administration needs to stop with the cop out that they could not afford their house to begin with and help. Please keep in mind most of these people would not have a fanny or freddie mortgage becuse they qualified for conventional with flying colors. WHO HELPS THEM?

Sorry for the tangent but I just think this is so wrong. There is help for people who should never have bought their homes, there is help for dead beats and no help for the average american,who has worked and been productive all their lives!

PLEASE TELL ME WHAT IS WRONG WITH THIS PICTURE? 

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