Posts tagged as:

bail

$700b bail out- I oppose it. How about this plan?

June 8, 2010

Economists please chime in. Review and provide comments. 1. We refinance all the mortgage loans -especially delinquent loans -perhaps leaving out 30 year loans or just including adjustable/5 year or 7 year loans-at today’s house values. And fix the interest rate at lowest possible rate for 10 years. This will give people confidence, decrease or [...]

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Am I the only one who will REFUSE to vote for any politician who thinks the mortgage bail out is a good idea?

April 30, 2010

People with lousy credit BEGGED lender after lender to give them a loan until they finally found someone to agree. THEN they ignored the warnings that their ARM would adjust and they’d be paying through the nose in interest if they didn’t clean up their credit. What makes people feel so entitled to buy a [...]

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Should the government bail out Mortgage lenders and Banks who caused this mortgage crisis?

March 31, 2010

I think the economy will come back on its own. It wont be tommorow but it will. I don’t think the government should help financial institutions who DID THIS TO THEMSELVES. Sets a bad example. They did it by giving loans to people who could not afford to pay or had bad credit also with [...]

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