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Yet Another Program to Enrich Banks at Taxpayer and Borrower Expense

People are always asking me to write more often, well here i go, I looked up some information on ‘homeowner plans’.

The amendment would give families a chance to negotiate deals that would take them out of ruinous mortgages and let them get into something that is affordable–with o r without a rescue plan. … The mortgage industry oppses the bill, saying it will decide “voluntarily” when they will or will not turn a homeowner loose–which is another way of saying they w…

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