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Housing Solution - 2 of 2

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Uploaded by on Oct 26, 2008

Five steps to get mortgages paid again and Resolve the Economy - no ifs, ands or buts:
1) Mandate Moratorium on Forelclosures (Time-Out).
2) Mandate Forebearance - Late Payments and Fees (Time-Out).
3) Restructure TEMPORARY payments with CAPPED margins at 2.5%.
4) Refinance into a refined, STREAMLINED FHA/Secure-Hope for Homeowner mortgage.
5) REO Buyback - Sub-Prime borrower who lost Home within the past 12 months can repurchase at 97% of current value.

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  • sad thing is ur right but ur too right

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