Low interest loan program to bailout upside down homeowners.
Why is this important?
The federal gov't to lend money to homeowners who are upside down because of the action of wall street and the bankersters, because they cannot get a new loan and refi, or modify their loan because it is not a fannie or sallie mae loan.
I've been affected, my loan is for 7.5%, because of this I am under water every month. My retirement savings has dwindled next to nothing. My wife an I have excellent credit ratings, never missed a payment on any loan and yet we keep getting turned down.
The feds bailed out afore mentioned villians, yet can't or won't develop a program for the people.
