John Sanders

Recent Activity

• 

  John commented on the article | almost 3 years ago

  Obama Announces $75B Anti-Foreclosure Plan

  First if your "underwater" on your house it doesn't effect you until you sell the house or refinance. 
  Whom is the government really worried about here?  Freddy and Fanny or its citizens?  Because the answer is simple it seems.
  First these companies made an unsound decision and without tax payers money would be in ruins.  They need dismantled.  The Mortgage's should be given to other banks at fix rates for the same allotted amount of years or extended if requested by payee. 
  The will lose some FUTURE earnings and Interest!  If they don't do this they will lose everything.  So why do we need to spend 75BILLION of OUR Money??
  
  What am I missing here?