shintao
Take Down ~ Tap Out
- Aug 27, 2010
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Life used to be a beach, but now it is a bitch! So long housing safety net, hello sleeping bag under the bridge.
U.S. House Republicans plan to move forward with bills that would end anti-foreclosure programs.The House Financial Services Committee will consider bills next week to terminate four mortgage assistance programs, including the Treasury Departments Home Affordable Modification Program, or HAMP.
If enacted, this legislation would close the door to struggling homeowners seeking relief in the face of the worst housing crisis in generations,... said Andrea Risotto. The committee also will mark up bills that would terminate the Federal Housing Authority Refinance Program, funding for the Emergency Homeowners Relief Program and the Neighborhood Stabilization Program.
Representative Barney Frank of Massachusetts, the Financial Services panels top Democrat, said the programs are aimed at helping victims of the financial crisis and that he was disappointed by the Republican move.
House Republicans Move to End U.S. Foreclosure Aid Criticized as Harmful - Bloomberg
U.S. House Republicans plan to move forward with bills that would end anti-foreclosure programs.The House Financial Services Committee will consider bills next week to terminate four mortgage assistance programs, including the Treasury Departments Home Affordable Modification Program, or HAMP.
If enacted, this legislation would close the door to struggling homeowners seeking relief in the face of the worst housing crisis in generations,... said Andrea Risotto. The committee also will mark up bills that would terminate the Federal Housing Authority Refinance Program, funding for the Emergency Homeowners Relief Program and the Neighborhood Stabilization Program.
Representative Barney Frank of Massachusetts, the Financial Services panels top Democrat, said the programs are aimed at helping victims of the financial crisis and that he was disappointed by the Republican move.
House Republicans Move to End U.S. Foreclosure Aid Criticized as Harmful - Bloomberg