obama upside down mortgage

Pres. Obama says we should refinance now. But, what does he suggest if we are upside down as most are?

Most people right now are upside down on their mortgage and I think it shows Pres. Obama lack of sympathy for the average Joe to suggest such a bland and non effective solution. Reminds me of when he said we should inflate our tires to save on gas.

I totally agree with you. It is a total lack of sympathy for millions in this country. Instead, he goes on TV and ‘hypes’ his refi deal. What a sock in the stomach. Good luck.

Related Obama Mortgage Plan articles:

• Mortgage delinquencies skyrocket, Obama’s programs not helping much (dailyfinance.com)
• Home Rescue Plan Delaying, Not Solving Crisis (huffingtonpost.com)
• Fed proposes changes to mortgage disclosure law (seattletimes.nwsource.com)
• Goldman Sachs Seizing Homes Subprime Mortgages Bought (huffingtonpost.com)

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