Agree on both accounts – minimal actually benefitting from this, but still wrong. Somewhat makes me wonder if it’s designed more to quell complaints and ease investors, or actually benefit some people.
I tend to think, and hope this will only benefit people who defaulted because of job loss, in non-mortgage industries. Then again there have always been foreclosures, so I go back to agreeing with SDR that this is wrong.
I’m going to resubmit my request to the FHA for my share of some money to help me afford a home.
