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Darren Ahearn's Blog

By Darren Ahearn | Agent in 21703

Did you hear the latest "Fix" our government wants to do now?

Did you hear it ??  The news today about our wonderful Government who is now going to put on pressure with Freddie and Fannie to reduce every home owner who is under water to lower their mortgage down to the appraised principle balance, thus lowering their monthly payments.  What a great idea.  Now that we have 22% of the nation in this situation don't you think it's a little late?  I was preaching this idea 2 years ago from the roof tops- I guess the message traveled 55 miles to DC and they got it now?  So is this now a good idea or bad?  Thoughts


By Lavina Samtani,  Tue Jan 4 2011, 21:34
This should have been done long time ago. I think this is just a bait or just trying to get public's votes as we are approaching 2012. Let's just hope this does happen as I think 1 out of 6 homeowners truly need this kind of help to get them back on their feet and stabilize their finances.

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