Initial details of Obama's Homeowner Stability plan

We have told investors and traders worldwide what it would take the start the rally and this here has to stop and bottom out for the markets to look forward as they have no clarity and therefore the selling keeps up.

FREE Sign Up Let SMF explain to you what this mean for YOU how you can take advantage of this. StockMarketFunding.com Reports that the Treasury will share the cost of reducing principal on the mortgages.

Say there is a $75 bln homeowner stability initiative that will reach at-risk homeowners. Plan will allow lenders to bring down pmt to 38% of income, then the govt would match further reductions down to 31%. Borrowers will receive an incentive for keeping mortgages current.

Posted: 2/18/2009 9:23:47 AM by Global Administrator | with 0 comments

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Initial details of Obama's Homeowner Stability plan

Initial details of Obama's Homeowner Stability plan

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