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This program is a good step toward boosting confidence in the housing market and helping preserve the American dream for the millions of people facing possible foreclosure,” says Alexander. _____________________________________________

Hmmmmmmmmmmmmmmmmmmmmmmmmmm

1 posted on 10/10/2008 12:10:05 PM PDT by Tennessee Nana
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To: 1COUNTER-MORTER-68; 2 Kool 2 Be 4-Gotten; 3AngelaD; alice_in_bubbaland; aligncare; AliVeritas; ...

Bailout PING


2 posted on 10/10/2008 12:11:45 PM PDT by Tennessee Nana (McCain/Palin Now that's a ticket that deserves a tagline)
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To: cva66snipe; DannyTN; girlangler; Grammy; hometoroost; Ingtar; Libertarianchick; lil'bit; ...

Tennessee Bailout PING


3 posted on 10/10/2008 12:12:49 PM PDT by Tennessee Nana (McCain/Palin Now that's a ticket that deserves a tagline)
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To: Tennessee Nana

Maybe they should simply downsize.

If they are having trouble making payments, maybe that’s a sign.


4 posted on 10/10/2008 12:16:53 PM PDT by BGHater (The GOP, the new DNC.)
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To: Tennessee Nana

Hmmmmmmmmmmmmmmmmmmmmmmmmmm indeed!! Refinancing is only a small part...do they have the income to make this a long term commitment? Just curious when the rest of us get such a sweetheart deal. Oh, right we’re the ones who must pay for our homes as well as someone else’s. Never mind....


6 posted on 10/10/2008 12:20:07 PM PDT by 556x45
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To: Tennessee Nana

This is another example of the federal government throwing bread crumbs at mortgage holders. The terms and conditions of this program are not at all good.


7 posted on 10/10/2008 12:26:16 PM PDT by gipper81
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To: Tennessee Nana
Homeowners must certify that they have not intentionally defaulted on their loans.

Ok, I guess we will have to take them at their word. How could one prove otherwise? This just has a kick me sign taped on the back of the taxpayer.

8 posted on 10/10/2008 12:32:29 PM PDT by Mark was here (The earth is bipolar.)
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To: Tennessee Nana

Lamar!


10 posted on 10/10/2008 12:59:26 PM PDT by chippewaman
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To: Tennessee Nana

People who sacrifice to make their mortgage payments get jack sh$t. People who went to Disney (for the second time) and have a boat in the yard next to the new 2 suv’s get bailed out.
BS
BS
BS
BS

ARGH!!!!!!!!!!!!!!!!!!

If you can’t afford the house get the f&^* out and get a go back to renting till you can afford a smaller one.


11 posted on 10/10/2008 1:00:23 PM PDT by icwhatudo (PALIN VID=========>>>>>http://www.overstream.net/view.php?oid=n1ronxelmtin<++++++++)
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To: Tennessee Nana

Well I guess this is good news for the illegals who managed to buy 200,000 dollar homes when they can’t even speak English.


14 posted on 10/10/2008 1:36:56 PM PDT by beckysueb (Drill here! Drill now!)
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To: Tennessee Nana

I read some Realtor news today saying that there are 75.5 million mortgages in the country and 1 out of every 6 are either in foreclosure or about to enter. This is 12.5 million homes. And, according to the report yesterday, 5 million of those are illegals. Really ticks me off!


15 posted on 10/10/2008 1:41:58 PM PDT by raisincane (Dims think we're all oblivious to the obvious)
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To: Tennessee Nana

So if I lose my job now and then have to default I’m out of luck. Sure that’s fair. This whole thing sucks.


16 posted on 10/10/2008 2:34:01 PM PDT by snippy_about_it (The FReeper Foxhole. America's history, America's soul.)
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To: Tennessee Nana

HOPE for Homeowners is a voluntary initiative to help unwitting people become more dependent on government and indoctrinated into socialism.


18 posted on 10/10/2008 4:31:23 PM PDT by Man50D (Fair Tax, you earn it, you keep it!)
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