Congress is here to help.

I am receiving phone calls every day about the "new" bill that passed to help the homeowner. Funny thing, seems this is not the first time the government has "helped" the consumer. I am sure Indy Mac, Freddie, Fannie and ? will support a bail out.

Does the term "Savings and Loan" mean anything.

I wish I could screw up a business and get paid for doing so.

There are no free lunches. WE will PAY for this "help". Question is will anyone see a benefit besides the banks.

Latest prediction, WAMU is next. I have been saying this for months now.

Back to the topic. If you look at the bill that was passed you will see this is not intended for very few. In addition the banks set the terms and conditions. It has so many holes in it, makes swiss cheese look solid.

Comments

[Brian]

Not only there lots of holes, they are making the holes bigger on an as required basis. Starting to look like it will cause more problems than it will solve.

[Larry Vallely]

Biggest problem today - banks are being handed all this bailout money, right? But not a single penny of it is going to reduce mortgage balances of homeowners whose homes are underwater. We are bringing homeowners throughout the country together and bringing their individual stories to Congress. We have to make our representatives aware of how little is being done... especially for those that modification can help. Visit our website for details.

[olique estefan]

This is a very touching blog, If I only could have had an idea I wish I had read the material on here sooner. Thanks for sharing everything this is a very nice blog

[Steve Jenkins]

The banks are the biggest winner in this fiasco and I'm sure this won't be the last time that the government will bail out the consumer. I can't stand the term "to big to fail".

[Nancy Carlson]

thanks for this post..it is really nice..

[Chris parker]

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[Reene Bolton]

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[Credit Repair Services]

We are bringing homeowners throughout the country together and bringing their individual stories to Congress,its there rights in letting know the congress what's there problem and what they want.

[scoremorecredit]

"new" bill that passed to help the homeowner...do you think this bill could really help the homeowners?

[Jerson INsurens]

Yes certainly, what would a bill do to the many anyway? It really isn't something to settle hope with...

[loan top up]

No Need for a loan top up you could be owed a refund of £2400 if you've had a loan top up

[Marko]

We are bringing homeowners throughout the country together and bringing their individual stories to Congress,its there rights in letting know the congress what's there problem and what they want.

http://www.mortgagereviewsite.com