Just another attempt by the Feds to provide some relief for homeowners... I’m glad they’re doing something... it’s just that they’re caught in a lose - lose situation. But everything proposed seems like a gimmick compared to what we thought we’d get with TARP. Oh... remember TARP, signed under President Bush? The total cost looks to be $9.1 Trillion - and it was given to the banks with NO strings attached (it makes the $787 billion stimulus bill seem small, doesn’t it?” How did they use the money? I don’t they used it for all those toxic mortgages...
So here’s more information on another program that may help a few homeowners.
See Herald.net
