A plan in the House is floating around and the NY Times gives us an example of how it would work. Note, it’s hard to follow fair use.
A proposal under consideration in the House of Representatives would seek to prevent home foreclosures. Here is one example of how it might work.
[...]Imagine a home bought in [...]
Archive for April 7th, 2008
Helping Homeowners Not Comapnies
Posted in Economy and Business, Housing, US House, US Senate, tagged Congress, homeowner help, mortgage crisis on April 7, 2008 | 4 Comments »
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