Now the US Gov't is going to subsidize mortgage payments?
The plan is to redetermine the "fair value" for their homeowners who are underwater, recalculate their payments, then the Gov't pays the difference.
Hey, that one girl they interviewed before the election was right about Obama. She won't have to pay her mortgage. :rolleyes:
http://www.youtube.com/watch?v=P36x8rTb3jI
