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Friday, November 27th, 2009

Gov’t Takes Another Whack At Housing Crisis

August 20, 2009 by Mark Jabo  
Filed under Business

Gov’t Takes Another Whack At Housing Crisis

– If You Were Counting On The ‘Hope For Homeowners’ Program, You’ve Probably Already Hung Yourself From Your Foreclosed Rafters –
Hope is a good thing. I know because Andy Dufresne said so in The Shawshank Redemption.
But, there’s hope and then there’s just being ridiculous.
In the latest example the amazing gap between government estimates and anything resembling the real world, the Federal government is taking another crack at helping out people who are having problems with their mortgages.
For those keeping score at home, this marks the third time in as many years the government is concocting some Rube Goldberg-like mechanism …read more


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