08-06-2009, 06:44 PM
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#662
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“Hypocrisy: prejudice with a halo”
Join Date: Mar 2007
Location: Savannah, Georgia
Posts: 21,393
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Obama's program not working, small fractions helped.
Quote:
Mortgage aid program helping fraction of borrowers
By ALAN ZIBEL, AP Real Estate Writer Alan Zibel, Ap Real Estate Writer – Tue Aug 4, 6:24 pm ET
WASHINGTON – The government's $50 billion program to ease the mortgage crisis is helping only a tiny fraction of struggling homeowners, and a list released Tuesday showed which lenders are laggards.
As of July, only 9 percent of eligible borrowers had seen their mortgage payments reduced with modified loans. And the first monthly progress report showed that 10 lenders had not changed a single mortgage.
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http://news.yahoo.com/s/ap/20090804/..._mortgage_help
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Anyone but the this most fuked up President in History in 2012!
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