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Old 09-30-2008, 07:49 AM
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Default With the democrats plan to take over all the bad

mortgage loans what are the chances of any foreclosures ? Or will the the home owners just remain rent free on the tax payers dime.Barney Frank thinks he can keep those people in their homes because we need to have affordable hosing even if they can't pay.
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Old 09-30-2008, 09:21 AM
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Rent free, you pay
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Old 09-30-2008, 10:59 AM
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The loans will be converted from ARMs to standard fixed rate mortgages. This means the payment will remain constant. No one gets a free ride.
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Old 09-30-2008, 12:16 PM
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Ummm, that's BUSH's plan. When did he become a Democrat?
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Old 09-30-2008, 01:50 PM
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Are you an American???because as an American you know nothing is free. But think about it, if they stay in their homes, even if their mortgages are not as high as before they will still have a mortgage to pay, they will not be in there for free! The taxpayers dime is not for those homeowners but for the big cooperation's. They are the ones that will benefit again and again. Most of the homeowners lost their jobs, and got the interest rates hiked up on them.
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Old 09-30-2008, 03:09 PM
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Did you forget that the President is a Republican! It was the George W. and treasury secretary plan.
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Old 09-30-2008, 04:55 PM
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McCain is going to save the mortgage crisis, as they claim so nothing to worry. LOLOLOL!
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Old 09-30-2008, 06:17 PM
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it is the republicans who want to do that get your facts straight
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