tag:blogger.com,1999:blog-4263685979712937463.post3826779957282676661..comments2023-03-30T07:00:26.271-07:00Comments on Stan Brody ... As I see it: Uprising In Washingtondi Sognohttp://www.blogger.com/profile/01182430680142112786noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4263685979712937463.post-44058425470437681412011-03-14T11:46:34.306-07:002011-03-14T11:46:34.306-07:00Mortgage relief is the deferral of payments or the...Mortgage relief is the deferral of payments or the addition of debt that increases debt and puts a homeowner further underwater. This only delays the inevitable (the market isn't coming back anytime soon) and only benefits the bank. <br /><br />TARP should have gone to the homeowners in the form of principal reduction. It didn't, it went to the banks who covered their bad investments, paid bonuses and left the homeowners in the same shape that they were in before TARP. <br /><br />If there is a principal reduction package it has to be across the board. It cannot be just for those that gamed the system. Those of us that paid 20% down should be included. You cannot reward bad behavior and expect that it won't happen again. <br /><br />CigarVolanteAnonymousnoreply@blogger.com