DISQUS

Blown Mortgage: Barack Obama’s Mortgage Reform Policy

  • Dave · 9 months ago
    Hey, I'm one of those home owners who needs a little help. Our small business bit the big one last October after a declining year /increasing taxes, we were forced to close the doors / we dropped our health insurance because we couldn't make the payments, I had a stroke, and my wife's income of a whopping 21K/yr does not cover existing 15k business debt plus our mortgage payment on 104K. I have been unable to find employment as yet / I don't qualify for disability because I was self-employed, and yes, we are a family on the verge of loosing the roof over our heads unless we can somehow secure a lower interest rate. Go Obama.
  • Natalie · 7 months ago
    Excellent comments, right on the money!!! Why should our tax dollars pay for someone's lack of responsibility? Why are responsible borrowers being punished for paying their bills on time? There is a gaping hole in Mr. Obama's plan and it is filled with responsible middle class homeowners taxed and mortgaged to their teeth.