Fannie Mae and Freddie Mac plan to help U.S. homeowners – International Herald Tribune

Plan Summarization:

People who have been paying late and took on a loan they could not afford are rewarded with lower interest rates!

What a concept.

For “Joe the Plumber”, who buys what he/she can afford, and makes due, here are our questions:

  • Where’s my interest rate reduction for being responsible
  • How can I get a lower rate on my Student Loans; Congress forbids refinancing consolidated student loans!
  • Where’s the reduced interest rate on taxes deferred & paid by small business (currently 18%)

Read More >>Fannie Mae and Freddie Mac plan to help U.S. homeowners – International Herald Tribune.

Posted under Government Bailout, Keeping Informed, Stimulus

This post was written by PoliticsRX on November 13, 2008

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