Comments on: Obama Sends $75 Billion to Homeowners in Foreclosure http://www.consumerismcommentary.com/obama-sends-75-billion-to-homeowners-in-foreclosure/ A premier personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Thu, 31 May 2012 07:09:52 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: gordon http://www.consumerismcommentary.com/obama-sends-75-billion-to-homeowners-in-foreclosure/comment-page-1/#comment-284882 gordon Fri, 02 Mar 2012 21:07:27 +0000 http://www.consumerismcommentary.com/?p=5384#comment-284882 I tried HARP@ , but unless you have a 45 Debt to equity ratio you are wasteing your time. Gordy I tried HARP@ , but unless you have a 45 Debt to equity ratio you are wasteing your time.

Gordy

]]> By: fathersez http://www.consumerismcommentary.com/obama-sends-75-billion-to-homeowners-in-foreclosure/comment-page-1/#comment-188740 fathersez Thu, 26 Feb 2009 11:07:27 +0000 http://www.consumerismcommentary.com/?p=5384#comment-188740 If humans are to implement, supervise or to otherwise carry out this noble scheme, I think the good people of America can kiss this $75b goodbye. Minds must now be very busy at work creating schemes to take this money out. Thomas' comment refers to but one possible scheme. God knows how many more will come out. Looks like we have to find a way to take out the human element somehow. If humans are to implement, supervise or to otherwise carry out this noble scheme, I think the good people of America can kiss this $75b goodbye.

Minds must now be very busy at work creating schemes to take this money out. Thomas’ comment refers to but one possible scheme. God knows how many more will come out.

Looks like we have to find a way to take out the human element somehow.

]]> By: thomas http://www.consumerismcommentary.com/obama-sends-75-billion-to-homeowners-in-foreclosure/comment-page-1/#comment-188530 thomas Fri, 20 Feb 2009 06:50:26 +0000 http://www.consumerismcommentary.com/?p=5384#comment-188530 First businesses can't fail, now people. I've actually heard rumors of people who are going to buy 2nd houses in this down market and foreclose on the first. First businesses can’t fail, now people.

I’ve actually heard rumors of people who are going to buy 2nd houses in this down market and foreclose on the first.

]]> By: the weakonomist http://www.consumerismcommentary.com/obama-sends-75-billion-to-homeowners-in-foreclosure/comment-page-1/#comment-188482 the weakonomist Thu, 19 Feb 2009 03:25:50 +0000 http://www.consumerismcommentary.com/?p=5384#comment-188482 @Kate I think it's $75 billion. It doesn't matter though, it's about as useful as $13 a week. @Kate I think it’s $75 billion.

It doesn’t matter though, it’s about as useful as $13 a week.

]]> By: Danny http://www.consumerismcommentary.com/obama-sends-75-billion-to-homeowners-in-foreclosure/comment-page-1/#comment-188480 Danny Thu, 19 Feb 2009 03:09:32 +0000 http://www.consumerismcommentary.com/?p=5384#comment-188480 kinda makes me want to buy a house I can't afford and not make payments on it so the government will bail me out too... kinda makes me want to buy a house I can’t afford and not make payments on it so the government will bail me out too…

]]> By: Kate http://www.consumerismcommentary.com/obama-sends-75-billion-to-homeowners-in-foreclosure/comment-page-1/#comment-188470 Kate Wed, 18 Feb 2009 19:47:42 +0000 http://www.consumerismcommentary.com/?p=5384#comment-188470 I don't get it. $75 million divided by 9 million people is just about $8.33 per person. Let's say they're counting each and every homeowner, so maybe some couples with both names on the lease get a whopping $16 and change. This is a one-time payment, right? What good is $16 going to do anyone in terms of their mortgage? Even if you mislaid a zero somewhere, we're still talking $160 per homeowner-couple, on average. What am I missing? I don’t get it. $75 million divided by 9 million people is just about $8.33 per person. Let’s say they’re counting each and every homeowner, so maybe some couples with both names on the lease get a whopping $16 and change. This is a one-time payment, right? What good is $16 going to do anyone in terms of their mortgage? Even if you mislaid a zero somewhere, we’re still talking $160 per homeowner-couple, on average. What am I missing?

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