- This topic has 15 replies, 4 voices, and was last updated 15 years, 8 months ago by
patientrenter.
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March 2, 2009 at 12:54 PM #15202March 2, 2009 at 1:10 PM #358554
macromaniac
ParticipantPiggs,
Its smoke and mirrors my friends just like the Hope for Homeowners that was supposed to help 400K people, in the end it helped 25.
My predication, this is round two of the same thing. A program for people in which it is very hard to qualify especially in CA and FL but it does make people think the government is doing something….
Also, it has to be a FNMA or FRE loan. Most of these loans were amounts under 417K.
Over and Over, its just another brick in the wall…and thought control…..
March 2, 2009 at 1:10 PM #358855ParticipantPiggs,
Its smoke and mirrors my friends just like the Hope for Homeowners that was supposed to help 400K people, in the end it helped 25.
My predication, this is round two of the same thing. A program for people in which it is very hard to qualify especially in CA and FL but it does make people think the government is doing something….
Also, it has to be a FNMA or FRE loan. Most of these loans were amounts under 417K.
Over and Over, its just another brick in the wall…and thought control…..
March 2, 2009 at 1:10 PM #358998ParticipantPiggs,
Its smoke and mirrors my friends just like the Hope for Homeowners that was supposed to help 400K people, in the end it helped 25.
My predication, this is round two of the same thing. A program for people in which it is very hard to qualify especially in CA and FL but it does make people think the government is doing something….
Also, it has to be a FNMA or FRE loan. Most of these loans were amounts under 417K.
Over and Over, its just another brick in the wall…and thought control…..
March 2, 2009 at 1:10 PM #359033ParticipantPiggs,
Its smoke and mirrors my friends just like the Hope for Homeowners that was supposed to help 400K people, in the end it helped 25.
My predication, this is round two of the same thing. A program for people in which it is very hard to qualify especially in CA and FL but it does make people think the government is doing something….
Also, it has to be a FNMA or FRE loan. Most of these loans were amounts under 417K.
Over and Over, its just another brick in the wall…and thought control…..
March 2, 2009 at 1:10 PM #359135ParticipantPiggs,
Its smoke and mirrors my friends just like the Hope for Homeowners that was supposed to help 400K people, in the end it helped 25.
My predication, this is round two of the same thing. A program for people in which it is very hard to qualify especially in CA and FL but it does make people think the government is doing something….
Also, it has to be a FNMA or FRE loan. Most of these loans were amounts under 417K.
Over and Over, its just another brick in the wall…and thought control…..
March 2, 2009 at 4:47 PM #358740
svelteParticipantWell I don’t fall into Group 1 or Group 2, but the very low mortgage rate that the policies of the last 4 months have created have helped my family out A LOT.
We refi’d to a very low fixed interest rate saving us hundreds each month.
Not every program that comes down the pike is going to benefit me directly…
March 2, 2009 at 4:47 PM #359042svelteParticipantWell I don’t fall into Group 1 or Group 2, but the very low mortgage rate that the policies of the last 4 months have created have helped my family out A LOT.
We refi’d to a very low fixed interest rate saving us hundreds each month.
Not every program that comes down the pike is going to benefit me directly…
March 2, 2009 at 4:47 PM #359183svelteParticipantWell I don’t fall into Group 1 or Group 2, but the very low mortgage rate that the policies of the last 4 months have created have helped my family out A LOT.
We refi’d to a very low fixed interest rate saving us hundreds each month.
Not every program that comes down the pike is going to benefit me directly…
March 2, 2009 at 4:47 PM #359218svelteParticipantWell I don’t fall into Group 1 or Group 2, but the very low mortgage rate that the policies of the last 4 months have created have helped my family out A LOT.
We refi’d to a very low fixed interest rate saving us hundreds each month.
Not every program that comes down the pike is going to benefit me directly…
March 2, 2009 at 4:47 PM #359321svelteParticipantWell I don’t fall into Group 1 or Group 2, but the very low mortgage rate that the policies of the last 4 months have created have helped my family out A LOT.
We refi’d to a very low fixed interest rate saving us hundreds each month.
Not every program that comes down the pike is going to benefit me directly…
March 2, 2009 at 5:07 PM #358765patientrenter
Participant[quote=svelte]Well I don’t fall into Group 1 or Group 2, but the very low mortgage rate that the policies of the last 4 months have created have helped my family out A LOT.
We refi’d to a very low fixed interest rate saving us hundreds each month.
Not every program that comes down the pike is going to benefit me directly…[/quote]
svelte gets this about right. Trillions will be directed to homeowners. As a result, they will be better off than they otherwise would by… trillions. Not all will benefit directly from all the programs, but that doesn’t really matter. Even those who never receive a penny directly will benefit from having their home values kept above their free market value.
March 2, 2009 at 5:07 PM #359067Participant[quote=svelte]Well I don’t fall into Group 1 or Group 2, but the very low mortgage rate that the policies of the last 4 months have created have helped my family out A LOT.
We refi’d to a very low fixed interest rate saving us hundreds each month.
Not every program that comes down the pike is going to benefit me directly…[/quote]
svelte gets this about right. Trillions will be directed to homeowners. As a result, they will be better off than they otherwise would by… trillions. Not all will benefit directly from all the programs, but that doesn’t really matter. Even those who never receive a penny directly will benefit from having their home values kept above their free market value.
March 2, 2009 at 5:07 PM #359207Participant[quote=svelte]Well I don’t fall into Group 1 or Group 2, but the very low mortgage rate that the policies of the last 4 months have created have helped my family out A LOT.
We refi’d to a very low fixed interest rate saving us hundreds each month.
Not every program that comes down the pike is going to benefit me directly…[/quote]
svelte gets this about right. Trillions will be directed to homeowners. As a result, they will be better off than they otherwise would by… trillions. Not all will benefit directly from all the programs, but that doesn’t really matter. Even those who never receive a penny directly will benefit from having their home values kept above their free market value.
March 2, 2009 at 5:07 PM #359243Participant[quote=svelte]Well I don’t fall into Group 1 or Group 2, but the very low mortgage rate that the policies of the last 4 months have created have helped my family out A LOT.
We refi’d to a very low fixed interest rate saving us hundreds each month.
Not every program that comes down the pike is going to benefit me directly…[/quote]
svelte gets this about right. Trillions will be directed to homeowners. As a result, they will be better off than they otherwise would by… trillions. Not all will benefit directly from all the programs, but that doesn’t really matter. Even those who never receive a penny directly will benefit from having their home values kept above their free market value.
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