5 Standards for Solving the Mortgage Madness

[mbmart2005]

What about lying to offer a loan? Why Congress bail Wall Street and the Banking cartel and now this guy do not want that the government offer bail out to people?? Honest??? Responsible behavior form who????????????? The banks??? WOW this guy is on drugs. Banks that offer credit cards to people and student without ability to pay, banks that get the people over 65 in trouble offering them Equity loans, Banks that offer student loans without any responsibility.Banks that pay ZERO TAXES. WOW!!!!

[spectrum0590]

This standards can help people to determine how much only they can afford for a home and financial problems can be avoided inside the family.

[mannyfeseha]

thehelpfund.blogspot

[Kempkeith]

It's true government should only help the homeowner & not the lenders! But What does the fed do when the big players are in trouble? they open up the fed checkbook to bail them out overnight

[justaproducer]

Clinton sent us a real hail marry before he left office... in the form of NAFTA, not prosecuting the little Chinese professor with the burst transmitter, appointing Bader-Ginsburg, and yes...authorizing China with one of America's most valued possession of international esteem, most favored trade status. They don't deserve it.

[alfonzcicero]

I don't get how somebody who lied about their income or falsified a loan application isn't being prosecuted. Is it happeing and the media are not reporting on it or are people getting away with fraud?

[SCOOTERBALLUSA]

Anti American in ethics making americans suffer for global interventions and not the truth about the greed in the American Banking System.

The American banker should be in it for the Long Haul. Not just a 30,40 year loan. Chinese banks offering 90-100 year loans to americans resulting in low payments by two thirds and making it easy for americans to own $300, $400 k homes just for $1000 a month payments, merits to regain our economy no matter what!

[justaproducer]

Scooter,

Do you know why the Chineese are doing that? Think long and hard before you advocate the positions you are taking.

[justaproducer]

Well, that still is not excuse, our markets are [and should not be open] not open to subverter's. The Chinese should even have the right to trade with us considering how they have leveraged themselves with out currency, and now you want to open up the rest of middle America to pan-pacific interventionism? I think not, the far left wants a communism or its closet companion here as fast as they can get it, philosophising about it isn't helping.

[sokiberon]

ELOGIO DO DR. PAULO Assunto=início em Brasília Mensagem=Mal ou bem me sinto seu parceiro, meu querido Felinto pois naquela sala de massagens de Brasília assisti o início desta preciosidade que voce descobriu. Lembro até que te autorizei a usar meu nome para propagandear o método. Sou aquele médico e hoje moro em Peruíbe, SP. Um grande abraço Paulo Nardelli. -OBS.. São esses elogios que fortalecem , cada vêz mais a veracidade dessa grande descoberta do Acumputurista Felinto França ---JÉSSICA

[Rougelement]

Dear Mr Heritage, If I had you sitting directly in front of Me I would Gleefully tell you how WE "GOOD AMERICANS" felt about the Wonderful Mr Keating and the Quote Defrauded & Failed SNLs Scam that WE GOOD "NON HERITAGE FOUNDATION" LITTLE PEOPLE LOSERS Were sadly made responsible for not to mention ALL the OTHER Time's Corporate America Defrauded WE LITTLE PEOPLE in the Last 30 yrs Why not tell ALL your Viewers About the Bail out's We have some how been responsible for over the LAST MANY YEARS.

[droper66]

Govt is trying to save the BS debt = US economic growth financial system from collapse.Thats what tax payers are being charged for.

[justaproducer]

Yeah, I don't know if i can agree with that entirely, I will agree in this much... that without republican stalwartness, the public would be charged the full debt. As I mentioned earlier... the biggest roadblock in this recovery is how they attack it, if they do so like the S&L crisis - we will be broke for decade to come - the Marxists in the crowd will love it. But for the rest of us... it will suck.

[justaproducer]

I don't' hear that happening because people trying to stay relevant with solutions that are not based on today but controls from yesterday. We have a very different set of issues today...

The FDIC needs to step up agressive enforcement of the liqidation of REO properties, what happens is banks are more solvent because the get to borrow against what wasn't performing.

[justaproducer]

Now enter the greed factor - Banks are hiring real estate brokers to fence between them and market value for homes have returned to their inventory. They don't own the property in that way. They have no business attempting to profit in that manner - but the RE agent [provocateur] is half the problem. This would be one of the biggest turn around in economic history.

[justaproducer]

Public money wouldn't be involved at all hardly. The government doesn't have to be over reaching in this matter. With the FDIC doing their jobs... we'd have a simple solution.

Home purchasing effects retail, and durable goods purchases, essentially the whole economy could benefit from common sense application here. It isn't being done because there is an agenda here at play... but it must not put itself before the public trust, and benefit.

[justaproducer]

sorry... cut and paste error:

"The FDIC needs to step up aggressive enforcement of the liquidation of REO properties, what happens is banks are more solvent because the get to borrow against what wasn't performing. "

I meant to say:

What happens is that banks cannot borrow against what is not performing - thus should be motivated to liquidate then, but with a voice in between jockeying for profit in the exchange, real estate agents are part of the problem.

[justaproducer]

They need to make banks post all of their REO's on an FDIC website and let people submit offers first come first serve. With that as a solutions we won't have to worry about fed money in the mix for a solution in this matter.

[justaproducer]

Topically, I agree with the overarching premise. But they need to include barring real estate brokers from representing bank interest in the liquidation of REO property, the quicker these homes are sold the most stable the institution is that had them. and would be the best solution for turning our economic down turn around and the one benefit taxpayers could get out of all of this.

[alaaabduslam]

111

[aliakbar01]

joinordie08 . com

[JCSSeadog]

Well said! Congress needs to look to these five standards in any legislation it creates to try and help with the defaulting mortgage mess. Reponsibility needs to be felt by persons and corporations who have contributed fault.