The 2009 Primary Residence Mortgage Foreclosure Bankruptcy Act
WARNING!!! Each foreclosure means less property taxes paid municipalities. A further downward escalation of what was America!
FEDERAL THREE-YEAR MORATORIUM MORTGAGE FORECLOSURES
Last year, approximately 1 million homes went under foreclosure. Approximately, 4 million people; counting each home as a family of 4.1 persons.
This year can literally become catastrophic. 2.0 to 2.5 million foreclosures can occur within the mad low-prime structure. Meaning 8-10 million citizens could be affected; or, more. Especially, single mothers' with young children. The numbers are not certain. The SOLUTION? We believe the President and Congress must establish a 3 year moratorium on all mortgage foreclosures. Establishing a FEDERAL LOW-PRIME MORTGAGE FLOAT FUND. This WILL OPPORTUNE as many LOW- INCOME Mortgage-holders - AS POSSIBLE - TO READJUST Finances. To save as many family homes as we can. Marriages losing the security of a home soon crumble. If Washington can care for the greedy predatory lenders - the malfactory causation of the sub-prime lending catastrophe. Surely, they can do this little bit to assist the low-income victims. What have we become as a society? Each users preying upon - the taking advantage of the disagdvantaged?
ALL OF US
The 2009 Primary Residence Mortgage Foreclosure Bankruptcy Act
The 2009 Primary Residence Mortgage Foreclosure Bankruptcy Act
