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February 12, 2011 at 6:08 PM #665465February 13, 2011 at 6:16 AM #666257patientrenterParticipant
[quote=CA renter]Lest we forget, this $2 billion is in addition to the hundreds of millions that California has spent on its own “tax credits” for housing over the past couple of years.[/quote]
Luckily for California, it is not going through a budget crunch that forces legislators to focus all the money on essential services.
February 13, 2011 at 6:16 AM #666731patientrenterParticipant[quote=CA renter]Lest we forget, this $2 billion is in addition to the hundreds of millions that California has spent on its own “tax credits” for housing over the past couple of years.[/quote]
Luckily for California, it is not going through a budget crunch that forces legislators to focus all the money on essential services.
February 13, 2011 at 6:16 AM #666392patientrenterParticipant[quote=CA renter]Lest we forget, this $2 billion is in addition to the hundreds of millions that California has spent on its own “tax credits” for housing over the past couple of years.[/quote]
Luckily for California, it is not going through a budget crunch that forces legislators to focus all the money on essential services.
February 13, 2011 at 6:16 AM #665596patientrenterParticipant[quote=CA renter]Lest we forget, this $2 billion is in addition to the hundreds of millions that California has spent on its own “tax credits” for housing over the past couple of years.[/quote]
Luckily for California, it is not going through a budget crunch that forces legislators to focus all the money on essential services.
February 13, 2011 at 6:16 AM #665659patientrenterParticipant[quote=CA renter]Lest we forget, this $2 billion is in addition to the hundreds of millions that California has spent on its own “tax credits” for housing over the past couple of years.[/quote]
Luckily for California, it is not going through a budget crunch that forces legislators to focus all the money on essential services.
February 13, 2011 at 8:22 AM #665625KingsideParticipantCALHFA has a web site up on the program:
http://www.keepyourhomecalifornia.com/
Looks like the source of funding is Treasury Dpt Tarp funds, not California legislature.
Aside from the small percentage of money that goes toward relocation of borrowers, The rest of the money pretty much goes to the banks.
No brainer that the major servicers are not cooperating with the principal reduction part of the plan. I mean why would they when other parts of the program are essentially government transfer money to the banks to make delinquent/unemployed borrower payments?
February 13, 2011 at 8:22 AM #665688KingsideParticipantCALHFA has a web site up on the program:
http://www.keepyourhomecalifornia.com/
Looks like the source of funding is Treasury Dpt Tarp funds, not California legislature.
Aside from the small percentage of money that goes toward relocation of borrowers, The rest of the money pretty much goes to the banks.
No brainer that the major servicers are not cooperating with the principal reduction part of the plan. I mean why would they when other parts of the program are essentially government transfer money to the banks to make delinquent/unemployed borrower payments?
February 13, 2011 at 8:22 AM #666422KingsideParticipantCALHFA has a web site up on the program:
http://www.keepyourhomecalifornia.com/
Looks like the source of funding is Treasury Dpt Tarp funds, not California legislature.
Aside from the small percentage of money that goes toward relocation of borrowers, The rest of the money pretty much goes to the banks.
No brainer that the major servicers are not cooperating with the principal reduction part of the plan. I mean why would they when other parts of the program are essentially government transfer money to the banks to make delinquent/unemployed borrower payments?
February 13, 2011 at 8:22 AM #666286KingsideParticipantCALHFA has a web site up on the program:
http://www.keepyourhomecalifornia.com/
Looks like the source of funding is Treasury Dpt Tarp funds, not California legislature.
Aside from the small percentage of money that goes toward relocation of borrowers, The rest of the money pretty much goes to the banks.
No brainer that the major servicers are not cooperating with the principal reduction part of the plan. I mean why would they when other parts of the program are essentially government transfer money to the banks to make delinquent/unemployed borrower payments?
February 13, 2011 at 8:22 AM #666761KingsideParticipantCALHFA has a web site up on the program:
http://www.keepyourhomecalifornia.com/
Looks like the source of funding is Treasury Dpt Tarp funds, not California legislature.
Aside from the small percentage of money that goes toward relocation of borrowers, The rest of the money pretty much goes to the banks.
No brainer that the major servicers are not cooperating with the principal reduction part of the plan. I mean why would they when other parts of the program are essentially government transfer money to the banks to make delinquent/unemployed borrower payments?
February 13, 2011 at 9:13 AM #665685no_such_realityParticipant[quote=patientrenter][quote=CA renter]Lest we forget, this $2 billion is in addition to the hundreds of millions that California has spent on its own “tax credits” for housing over the past couple of years.[/quote]
Luckily for California, it is not going through a budget crunch that forces legislators to focus all the money on essential services.[/quote]
ROFLMAO
Have you been in a coma?
February 13, 2011 at 9:13 AM #666481no_such_realityParticipant[quote=patientrenter][quote=CA renter]Lest we forget, this $2 billion is in addition to the hundreds of millions that California has spent on its own “tax credits” for housing over the past couple of years.[/quote]
Luckily for California, it is not going through a budget crunch that forces legislators to focus all the money on essential services.[/quote]
ROFLMAO
Have you been in a coma?
February 13, 2011 at 9:13 AM #666822no_such_realityParticipant[quote=patientrenter][quote=CA renter]Lest we forget, this $2 billion is in addition to the hundreds of millions that California has spent on its own “tax credits” for housing over the past couple of years.[/quote]
Luckily for California, it is not going through a budget crunch that forces legislators to focus all the money on essential services.[/quote]
ROFLMAO
Have you been in a coma?
February 13, 2011 at 9:13 AM #665748no_such_realityParticipant[quote=patientrenter][quote=CA renter]Lest we forget, this $2 billion is in addition to the hundreds of millions that California has spent on its own “tax credits” for housing over the past couple of years.[/quote]
Luckily for California, it is not going through a budget crunch that forces legislators to focus all the money on essential services.[/quote]
ROFLMAO
Have you been in a coma?
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