Thursday, December 24, 2009

American Subprime Mortgage Do You Support Providing Government Assistance To People Who Cannot Pay Their Mortgage?

Do you support providing government assistance to people who cannot pay their mortgage? - american subprime mortgage

Creative financial institutions in the last two financial years, or allow people who do not normally provide for a mortgage qualifying (for the bad credit history and / or unstable employment record), a subprime mortgage.

Today, 730,000 of these people do not pay towards their mortgage payments and foreclosure. Many others are struggling and do not know whether it is in a position to guarantee their payments and keep their homes.

Parliament passed the "Expanding Home Ownership Act of America, 2007," that give the Federal Housing Administration the authority to homeowners struggling to afford their mortgage payments to help. If the taxpayer is responsible? If the person does not receive and loses his house to help pay for the government (taxpayers) have some form of financial support in the long run, just spent, what, to you to ensure your mortgage?

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