How To Fix The Home Bailout / Mortgage Crisis Mess In 30 Days
by In Net We Trust on Thursday, February 19th, 2009 | No Comments
I have a real simple solution to mortgage crisis…
Most of the owners want to stay in their homes, but can’t afford the monthly – they will have to rent anyways
Simply change all the terms of the loan to 40 years
It lowers the monthly costs, allows the owners to stay
They can always refinance later if they have to or when they can