Here is great article.
Above is the link for the headlines that came from the on-going negotiation between Wall Street (Lenders) and Main Street (Tax Payers) continues with our economy being held hostage.
- From 90% to 96.5% the lenders do not lose as much, now the HOPE plan is only 3.5% worse for the lenders vs a 10% gap with the original plan for modifying the mortgage(s) themselves.
- The big shadow of this program is the equity participation by the Gov