To: President Donald Trump
Bring back capitalism.
Bring back capitalism by enforcing the Negative Equity Streamlined Uniform Modification Program as the National Modification Program that entitles every homeowner with a loan to value of 80% or greater the same modification regardless of income, credit, loan amount, history or type that is mathematically based on the capitalistic value of their property protecting the investors from losing their capital investment to end the foreclosure crisis within 3 years while creating over a 10 billion dollar monthly stimilus that doesn't cost the taxpayers one cent.
Why is this important?
The housing crisis started because investors were losing money from foreclosures not having enough equity to pay off the outstanding mortgages, capitalism. The capitalistic response was to modify homeowners with negative equity, but since there were and still are over 11 million homeowners with negative equity Wall Street with the governments blessing are limiting the volume of modifications being issued based on socialistic stipulations prolonging the housing crisis and violating the laws and principle of capitalism and business destroying Main Street's economy. The governments job is to protect Main Street from failing not the Banks, 99% vs.1%.