Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

U.S. mulling mortgage aid for unemployed
Reuters ^ | 7/13/2009 | Patrick Rucker

Posted on 07/13/2009 7:46:29 PM PDT by GreaterSwiss

NEW YORK/WASHINGTON (Reuters) - President Barack Obama is mulling new ways to delay foreclosure for jobless homeowners who are unable to keep up with monthly payments, an administration official said on Monday.

The official told Reuters it was reasonable for policymakers to consider options for loan forbearance -- allowing borrowers to delay, defer or skip payments -- that are more effective than those currently available in the private sector.

(Excerpt) Read more at reuters.com ...


TOPICS: Breaking News; Business/Economy
KEYWORDS: mortgage; unemployed
Navigation: use the links below to view more comments.
first previous 1-2021-36 last
To: TV Dinners

Some, but zero’s largest voting block has never had ,nor wanted a mortgage, prefering instead to stay in govt. housing and squirt out babies they can’t support.


21 posted on 07/13/2009 8:05:52 PM PDT by Quickgun
[ Post Reply | Private Reply | To 10 | View Replies]

To: GreaterSwiss
Atlas PUKED!!!
22 posted on 07/13/2009 8:11:35 PM PDT by Chode (American Hedonist - Obama is basically Jim Jones with a teleprompter)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GreaterSwiss

I’m being laid off as of next Monday. If I need help I expect it will come from my family and friends, if necessary. I do not expect help from The Kenyan’s Royal Treasury.


23 posted on 07/13/2009 8:21:07 PM PDT by clintonh8r (General James Mattoon Scott: Where are you now that we need you?!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Chode

“Atlas PUKED!!!”

Atlas better stand in line.


24 posted on 07/13/2009 9:06:43 PM PDT by stephenjohnbanker (Pray for, and support our troops(heroes) !! And vote out the RINO's!!)
[ Post Reply | Private Reply | To 22 | View Replies]

To: anniegetyourgun

Still they refuse to do what they know works.
________________________________-

You’re exactly right. They know what they are doing.


25 posted on 07/13/2009 9:17:28 PM PDT by unkus
[ Post Reply | Private Reply | To 15 | View Replies]

To: clintonh8r

Best wishes to you, FRiend.


26 posted on 07/13/2009 9:18:36 PM PDT by unkus
[ Post Reply | Private Reply | To 23 | View Replies]

To: ottbmare
Obama, that fine student of history, is doing his best to repeat all the mistakes of the past so that this will drag on indefinitely.

Are you sure he is making mistakes, or is he deliberately trying to destroy the economy, to bring socialism on faster?

27 posted on 07/13/2009 9:36:58 PM PDT by Mark17
[ Post Reply | Private Reply | To 5 | View Replies]

To: GreaterSwiss

No! No! No!

No more bogus bailouts. No more stupid stimulus. No more ridiculous relief.

Done. Outta here. Finished.

Let the market work. Let the mistakes be punished. Let the power of creative destruction be unleashed.


28 posted on 07/13/2009 10:35:09 PM PDT by LikeLight (http://www.believersguidetolegalissues.com)
[ Post Reply | Private Reply | To 1 | View Replies]

To: GreaterSwiss

Everyone and their mother is getting a frakin bailout except those who are still working....lovely. =.=


29 posted on 07/14/2009 12:00:08 AM PDT by cranked
[ Post Reply | Private Reply | To 1 | View Replies]

To: goodnesswins; jan in Colorado; mkcc30; mckenzie7; Marie2; VicVega
US? U.S.?????....WHO in the US? US, that’s right...us...the TAXPAYER....that’s WHO!

Yeah, so let's see...those American taxpayers who already pay higher rates because they rent and can't take advantage of the tax breaks for mortgage holders are now going to be asked--I mean, "demanded at gunpoint"--to pay for those who hold mortgages.

Oh, SO fair.

30 posted on 07/14/2009 2:20:11 AM PDT by Gondring (Paul Revere would have been flamed as a naysayer troll and told to go back to Boston.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: GreaterSwiss
Obama Is Going To Pay For My Gas And Mortgage!!!

We not rich!


31 posted on 07/14/2009 3:45:59 AM PDT by SkyPilot
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mark17
Obama, that fine student of history, is doing his best to repeat all the mistakes of the past so that this will drag on indefinitely.

Are you sure he is making mistakes, or is he deliberately trying to destroy the economy, to bring socialism on faster?

In the past, they were definitely mistakes: I cannot imagine that Hoover and FDR deliberately created the Great Depression, and they were doing their best, struggling with an unknown, and bringing liberal principles to bear upon the situation. So they made mistakes, and Obama is repeating those mistakes. I go back and forth about believing Obama is doing this because he and most liberals don't know any better and don't understand why the Depression became so great, and believing he knows quite well what a catastrophe he is engineering.

32 posted on 07/14/2009 5:10:28 AM PDT by ottbmare (Ein Reich, ein Volk, ein Obama!)
[ Post Reply | Private Reply | To 27 | View Replies]

To: ottbmare
Great Depression went on for 11 years, from late 1929 until 1941, and we had to have a world war to get out of it.

Amity Schlaes' book The Forgotten Man is an excellent analysis of this very subject.

The parallels between what BHO is doing and what FDR did are breathtaking.

33 posted on 07/14/2009 5:55:10 AM PDT by foxfield
[ Post Reply | Private Reply | To 5 | View Replies]

To: GreaterSwiss

That’s some damn good satire!!! After the Democrats sank the entire economy with their subprime loan scams this satire is funny.

/s


34 posted on 07/14/2009 6:19:42 AM PDT by avacado
[ Post Reply | Private Reply | To 1 | View Replies]

To: ottbmare
Remember that the Great Depression went on for 11 years, from late 1929 until 1941, and we had to have a world war to get out of it.

Except that Zero is making the "mistakes" on purpose. He is on record as saying the New Deal failed because it didn't spend enough money fast enough.

Our 21st century world war is coming soon. And it will be so devastating that it will not bring us or the world out of this recession/depression. Zero is making sure we are disarmed and vulnerable as a country before it starts.

This recession will last long after Zero is gone. He's seeing to that and blaming Bush on the way.

35 posted on 07/14/2009 4:05:47 PM PDT by SteamShovel (When hope trumps reality, there is no hope at all.)
[ Post Reply | Private Reply | To 5 | View Replies]

To: SteamShovel

I wish I could disagree with you. But I can’t.


36 posted on 07/14/2009 6:45:17 PM PDT by ottbmare (Ein Reich, ein Volk, ein Obama!)
[ Post Reply | Private Reply | To 35 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-36 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson