RSN Fundraising Banner
FB Share
Email This Page
add comment
read more of todays top articles

Paul Kiel reports: "Why has the administration's flagship foreclosure prevention program been so ineffective in helping struggling homeowners get loan modifications and stay in their homes? One reason: The government's supervision of the program has apparently ranged from nonexistent to weak."

Deborah Stockhammer was approved for a foreclosure prevention program called the Hardest Hit Fund, but says that her loan servicer has yet to accept the money to keep her in her home, 07/28/11. (photo: Bruce R. Bennett/Palm Beach Post)
Deborah Stockhammer was approved for a foreclosure prevention program called the Hardest Hit Fund, but says that her loan servicer has yet to accept the money to keep her in her home, 07/28/11. (photo: Bruce R. Bennett/Palm Beach Post)

go to original article

e-max.it: your social media marketing partner
 

Comments   

We are going to return to our original fully-moderated format in the comments section.

The abusive complaints in the comment sections are just too far out of control at this point and have become a significant burden on our staff. As a result, our moderators will review all comments prior to publication. Comments will no longer go live immediately. Please be patient and check back.

To improve your chances of seeing your comment published, avoid confrontational or antagonistic methods of communication. Really that is the problem we are confronting.

We encourage all views. We discourage ad hominem disparagement.

Marc Ash
Founder, Reader Supported News

 
+2 # postpen 2011-10-05 00:39
Follow the money. This reminds me of the fraudulent contractors for the Defense Dept. Someone, someone with a name, prosecutable, somewhere (at the banks again? Oh, geez) is profiting.
Why not bring back Elizabeth Warren to right things? And she isn't the only great public servant we have who will call a spade a spade and correct the corruption that injures all of us.
I know at least four people, current with their mortgages and with good credit, whose banks have renegotiated loans with *higher* payments under TARP, and who have lost their homes under false foreclosures.
It's corrosive to everyone's morale-- not the American Dream but waking up into the Bush nightmare ethos.
 

THE NEW STREAMLINED RSN LOGIN PROCESS: Register once, then login and you are ready to comment. All you need is a Username and a Password of your choosing and you are free to comment whenever you like! Welcome to the Reader Supported News community.

RSNRSN