http://realonomics.net/2009/02/obama-bailout-banks-bowling/ real estate business models in the consumer-centric era Wed, 04 Apr 2012 15:25:12 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://realonomics.net/2009/02/obama-bailout-banks-bowling/comment-page-1/#comment-145100 Audrey Tennant Wed, 04 Feb 2009 13:21:37 +0000 http://realonomics.net/?p=692#comment-145100 I Think the bail out for the banks is not doing the job it was intended to do. I would like to see the banks negotiate with people that are struggling to make payments on jumbo loans that they were given such as; interest only, no qual, negative am etc. These were packages that the banks qualified people on and now that they are in trouble the bank is not willing to negotiate with the home owner. The only way to reach the bank is for the home owner to default. These are the next round of forclosures. How is the Obama plan going to help these people? There are many in the state of California. We need lower interest rates for all and an ajustment in terms. What is the solution in the bail out? I Think the bail out for the banks is not doing the job it was intended to do. I would like to see the banks negotiate with people that are struggling to make payments on jumbo loans that they were given such as; interest only, no qual, negative am etc. These were packages that the banks
qualified people on and now that they are in trouble the bank is not willing to negotiate with the home owner. The only way to reach the bank is for the home owner to default. These are the next round of forclosures. How is the Obama plan going to help these people? There are many in the state of California. We need lower interest rates for all and an ajustment in terms.
What is the solution in the bail out?

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