Comments on: Your Participation in the Financial Bailout http://www.rahmn.com/your-participation-in-the-financial-bailout/ Advertising, Syndication, Social Media, Blogging, the Economy and more... Sat, 17 Dec 2011 06:05:50 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: mohammad hamid http://www.rahmn.com/your-participation-in-the-financial-bailout/comment-page-1/#comment-185 mohammad hamid Sat, 12 Nov 2011 13:52:11 +0000 http://www.rahmn.com/?p=35#comment-185 sexes youjizz sexes youjizz

]]> By: Steve Curtis http://www.rahmn.com/your-participation-in-the-financial-bailout/comment-page-1/#comment-160 Steve Curtis Wed, 29 Oct 2008 01:38:27 +0000 http://www.rahmn.com/?p=35#comment-160 It’s like our house is on fire, fueled by a broken gas line. We have two choices … pour a whole lot of water on it and hope we can overpower the gas leak, OR turn off the gas line first and then put out the fire that’s left. DO THIS FIRST, fix the adjustable loans , THEN THE REST CAN FOLLOW … 1. Stop all foreclosure actions nationwide 2. Convert all adjustable loans to 30 yr fixed rate a. Interest rate to be 4.75% for owner-occupied c. Interest rate to be 5.0% for non-owner-occupied d. An incentive interest rate reduction of .25% to be given if the Borrower pays off all amounts in arrears or reduces their loan balance by 5% of its original amount, whichever is less 3. Permit a one time retirement fund withdrawal 4. Homeowners must “Opt-in” in writing a. Borrowers who have stopped making payments MUST make a partial payment, which the lender MUST accept. b. Loans must stay current. 5. Within 60 days the Lenders will receive a NET INFLUX OF CASH THROUGH PAYDOWN OF LOANS / AND BACK PAYMENTS of approximately $39,000,000,000 … and that doesn’t count any funds from those whose loans have not reset yet (potentially $300,000,000,000 in paydowns). 6. Within 60 days the modifications can be in place and generating approximately $6.6 billion per month 7. Cost to Taxpayers close to $0000 It’s like our house is on fire, fueled by a broken gas line. We have two choices … pour a whole lot of water on it and hope we can overpower the gas leak, OR turn off the gas line first and then put out the fire that’s left.

DO THIS FIRST, fix the adjustable loans , THEN THE REST CAN FOLLOW …

1. Stop all foreclosure actions nationwide
2. Convert all adjustable loans to 30 yr fixed rate
a. Interest rate to be 4.75% for owner-occupied
c. Interest rate to be 5.0% for non-owner-occupied
d. An incentive interest rate reduction of .25% to be given if the Borrower pays off all amounts in arrears or reduces their loan balance by 5% of its original amount, whichever is less
3. Permit a one time retirement fund withdrawal
4. Homeowners must “Opt-in” in writing
a. Borrowers who have stopped making payments MUST make a partial payment, which the lender MUST accept.
b. Loans must stay current.
5. Within 60 days the Lenders will receive a NET INFLUX OF CASH THROUGH PAYDOWN OF LOANS / AND BACK PAYMENTS of approximately $39,000,000,000 … and that doesn’t count any funds from those whose loans have not reset yet (potentially $300,000,000,000 in paydowns).
6. Within 60 days the modifications can be in place and generating approximately $6.6 billion per month
7. Cost to Taxpayers close to $0000

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