President Obama and his Big Spenders are moving quickly, to the relief of those who are facing foreclosure on their mortgages but the program they are offering will do nothing for most in need.
In the fine print, Obama's plan provides no relief for any homeowner whose mortgage exceeds the total value of their home but these folks are the ones that have been conned into taking sub-prime mortgages so loaded with brokerage commissions, interest rate subsidies, bank fees, lawyer and title company charges that the amount of their mortgages have ballooned...
Rest here from Dick Morris---The Hill
