Upside Down Mortgage

upside down mortgage refinance

Question: Do you favor $75 billion to provide help for nine million mortgages that are "upside down?"?

Today those who were trapped in the real estate bubble will get some help. Just refinance and write off that huge depreciation on your home due to corruption of the banksters. Isn't that a good thing? Why didn't the Republicans think of this?
Millions who were formerly "redlined" finally were able to buy a beautiful home and it will take billions to bail them out. This bailout must be shared by all taxpayers and that includes you. Bailout out is the only way to ensure Fairness in lending.

Answer: We should wipe out all debt, close all the banks, and start over.

What are my Options if I'm Delinquent or Upside Down?

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