Homeowner Stability Act– help for homeowners or just another Government scam? The Making Home Affordable program will offer assistance to as many as 7 to 9 million homeowners making a good-faith e. . .
It’s all too little to late. Helping the home owners who were placed in fraudulant loans they could’nt afford in the first place. Lenders have been modifing by attaching missed payments, late fees, and service charges to the back of the new loans while gathering the bonuses for participating.
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Its not a no bid because the money is available to competing mortgage companies.And it helped me refinance my house. Not everyone can make 200k a year ya know
Yeah but the lenders are still competing. Its just there to make it easier for home owners to keep their homes. As long as it doesn’t re-inflate the bubble (not likely) thats good for everyone. The Idea of a no bid is only bad when it undermines competition and makes things worse for the consumer. Here its making things better.
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5 Responses for "Mortgage Fraud And The Ultimate No Bid Contract"
It’s all too little to late. Helping the home owners who were placed in fraudulant loans they could’nt afford in the first place. Lenders have been modifing by attaching missed payments, late fees, and service charges to the back of the new loans while gathering the bonuses for participating.
I loved your video. I came across a site that will help your channel/video become more popular. It has really helped me out a great deal. The name is Tubeviews . Netkevin
Its not a no bid because the money is available to competing mortgage companies.And it helped me refinance my house. Not everyone can make 200k a year ya know
Yeah but the lenders are still competing. Its just there to make it easier for home owners to keep their homes. As long as it doesn’t re-inflate the bubble (not likely) thats good for everyone. The Idea of a no bid is only bad when it undermines competition and makes things worse for the consumer. Here its making things better.
have you met ONE person actually helped by this?its a $9 billion ++ no-bid contract for the mortgage companies thats all
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