The program is meant as a correction to the private and public sector excesses that crippled the economy and the real estate market. I did not cause the ecomony to reach record high unemployment, or people to stop buying houses, or my income to drop because of economic descions made in washington or wall street.

Instead of telling people that they should not be in their houses you should go after why so few modifications are actually done. don’t beleive what the lenders are telling you. It is not the whole picuture.

No part of our economy is served by people being moved out of homeownership and into rental houseing, with huge black makrs on their credit. How are they going to buy a house again?

Who is going to buy the empty houses, when it is near impossible to get financed for all but the most qualified buyers. What would happen to our schools as properties are vacant, property tax revenue dropped as value does.

There is ample evidence that this happens. We need to get the mortgage companies to modifiy the mortgages.