Carlos Samaniego

Field NoteFrom the archive

Another step in the right direction, the negotiation between Wall Street (Lenders) and Main Street (Tax Payers) continues with our economy being held hostage…

Carlos Samaniego · November 25, 2008 · 1 min read

http://www.marketwatch.com/news/story/hud-expands-mortgage-modification-program/story.aspx?guid=%7B16FE2FFC-8A8E-4F6C-9CE9-895647CD8FA4%7D&dist=msr_4

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

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