Think about all the foreclosures occurring lately and all the money that is entailed in a foreclosure.

The home buyer had to put a major down payment to get the home in the first place, anywhere from 40-90k sounds about average depending on your state.

Then they were making payments each month for a couple of years before their rates were jacked up even higher, they can’t jump ship without loosing a lot since their properties devalued and everyone else has the same idea anyways. Boom your house is gone, your payments were for nothing, and that huge down payment you saved for half your lifetime for… Gone.

The bank eats all of this sh*t, plus they get a house on top of it! How can you not make money with this business model????

I can’t believe this piece of sh*t bill is being passed. It would make more economic sense to throw this money out of an airplane as it flys intercontinental than it does to prop up such shity businesses.

What the hell is wrong with our government? We are about to teach oursevles a lesson, and it is going to sting a little bit.