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Bail Out Bill - Will it help Homeowners?

This is a discussion on Bail Out Bill - Will it help Homeowners? within the Home Mortgage forums, part of our Mortgage Chat category; or hurt?Any thoughts on if it might help with the little guys? If we bail out the mortgage companies ...






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Old September 25th, 2008, 01:17 PM   #1
Joel Fraser
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Join Date: May 2008
Posts: 907
Default Bail Out Bill - Will it help Homeowners?

or hurt?Any thoughts on if it might help with the little guys? If we bail out the mortgage companies you would think that the homeowners would get some benefit out of it? I got a Mod from Chase which essentially raised my mortgage paymnet. They wouldn't adjust my rate at all. I'm still at 7.75 and thinking maybe a deed in lue. But I've really been hoping this bail out package might help us struggling home owners.I keep reading the news updates on line just hoping and praying
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