You are viewing an obsolete version of the DU website which is no longer
supported by the Administrators.
Visit
The New DU.
Reply #16: Judges in the past were able to reset payment ... they are barred from doing that now ....
[View All]
defendandprotect
(1000+ posts)
Send PM |
Profile |
Ignore
|
Tue Dec-28-10 06:44 PM
Response to Reply #15 |
16. Judges in the past were able to reset payment ... they are barred from doing that now .... |
|
There is no government policy because Obama turned from it -- nor is it
about "revaluing" mortgages --
The first step is to STOP the foreclosures -- then to deal with the monthly payments
making them affordable again --
When first set, they were affordable -- but payments "ballooned" in ways that made
it impossible for borrowers to keep up with.
|
Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators
Important Notices: By participating on this discussion
board, visitors agree to abide by the rules outlined on our Rules
page. Messages posted on the Democratic Underground Discussion Forums are the
opinions of the individuals who post them, and do not necessarily represent
the opinions of Democratic Underground, LLC.