I imagine any “help” received would have to include those who are “hardworking” but are non-homeowners “through no fault of their own.” The government will have to send them $3000 per year also.
Why? No one ever helped me.
The irony is that while this pathetic excuse for a president denigrates the achievements and successes of those who have worked hard for what they have, his policies support and propagate the power, privilege, and ‘success’ of one of the few ‘successful’ groups of people that actually don't deserve what they have - politicians.
I personally know four people who tried to re-fi under HARP, one ended up in foreclose, the another took eight months, two others were refused out right (one of those actually signed all the docs, and when the money was not funded were told “we changed our minds”).
Not sure who these two million are, my guess numbers a grossly inflated.
*Rolleyes* Heard him yappin’ about this, this morning - before I could turn the radio OFF!
Great. So anyone who overpays for anything “through no fault of their own” — from a college education to medical care — should now look forward to the gov’t bailing them out.
Housing Bubble Version 2.0
What could possibly go wrong? It worked so well before.
I don’t really need a sarcasm tag, do I?
I normally miss no opportunity to slander The Prezzie, but without a recent Freddie Mac No-Doc loan, there’s no way I could have refinanced my mortgage last year. Not exactly a “liar loan”, we were current, have stellar credit, but are “property poor” as our income has yet to fully recover. A 2.5% drop added up to almost $500/ month in savings. Thanks, O’bammy!
Surely Barry is joking about helping anyone, ya think? This is unbelievable. Watch this!
https://www.youtube.com/embed/c1Q1qzfL9rE
Our economy is being propped up with borrowed money. This doesn’t end well and soon we’ll be ‘paying the piper’. The question is WHEN.
WTF? When do I GET MY FREE $H1t ?!?!?!
My husband and I paid off two mortgages and own two homes outright, the government never helped me.
I am so sick of these perpetual moochers.
I am all in favor of finding another couple to occupy the White House. Perhaps he could leave early to make that happen sooner.
ACORNs Food Stamp Mortgages
An ardent proponent of the CRA, ACORN benefactor, organizer, and trainer Barack H. Obama, Esq., contributed to the increasingly hostile environment for banks when he represented the plaintiffs in the 1995 class action lawsuit Buycks-Roberson v. Citibank. The suit demanded that the bank grant mortgages to an equal percentage of minority and non-minority mortgage applicants.
http://spectator.org/archives/2008/10/29/acorns-food-stamp-mortgages