By Pete the Banker
Obama’s election ends responsibility for payment of mortgage obligations!! Responsibility is no longer the expected, Change is mandated. Remember this lady? Yeah, she was right:
US Offers Mortgage Aid to the Jobless
Unemployed homeowners may be able to borrow up to $50,000 to help them make monthly mortgage payments — and in some cases not have to pay the money back — under a federal program unveiled yesterday that allocates $61 million to Massachusetts.The zero-interest loan program will benefit several thousand homeowners in the state who are facing foreclosure because they lost their jobs and have depleted their savings. Nationwide, about $1 billion is being allocated to assist 50,000 homeowners struggling to keep up with their mortgages, said Shaun Donovan, secretary of the Department of Housing and Urban Development.
The Mass Media is curiously silent on the source of funds for this program — struggling homeowners trying to responsibly meet their mortgage loan payments, massive tax burden and other obligations.
Tell ’em where you saw it. Http://www.victoriataft.com