Theme Park Insider

The Social Newsroom

I Love Free Software

Kansas City Techno

Wednesday, December 21, 2011

Truth Seeking

Truth Seeking: "Obama throws $75 billion lifeline to homeowners
Obama throws $75 billion lifeline to homeowners: "The $75 billion Homeowner Stability Initiative would provide incentives to mortgage lenders to cut monthly payments in an effort to persuade them to help up to 4 million borrowers on the verge of foreclosure. The goal: cut monthly mortgage payments to sustainable levels, using money from the $700 billion financial industry bailout passed by Congress last fall.
Another part would specifically help people with dwellings whose market value has sunk below the principal still owed on the mortgages. "

'via Blog this'

No comments:

Post a Comment