we the taxpayers want banks to change loan terms
Target:
Every Body that has a subprime mortgage or knows of somebody that does.
Sponsored by:
Let's Replace All Adjustable Rate Mortgages (ARM's) and other High Interest Mortgages
The housing, banking crisis has a simple solution that has the priority of keeping people in their houses. Every banking company, including all related investment and values business that have received subsidy from the government has to comply with the following guide lines:
o Change to fixed rates all ARM(Adjustable Rate Loans) in the market.
o Put a cap of 6% in all interest rates of the sub prime mortgages.
Those two simple rules will keep thousands of foreclosures from happening. The central argument of these two simple solutions is: the principle of higher risk deserves a bigger return is totally wrong and has no logic at the moment, WE, the taxpayer (homeowners most of us) gave money to guarantee the loans.
The banks got their money to be able to compensate the loss of non-payment of notes that have their value based on high interest rates that are variable or loans with high interest rates that people can not pay or have a hard time paying. Most deserve to be refinanced to notes that have a fair, fixed interest. The guidelines to give homeowners these new terms should be simple, if you have a loan now and are current you are a candidate to the new terms. If you have defaulted on your loan for economic reasons we give you a second chance with the lower fixed interest payment.
The housing, banking crisis has a simple solution that has the priority of keeping people in their houses. Every banking company, including all related investment and values business that have received subsidy from the government has to comply with the following guide lines:
o Change to fixed rates all ARM(Adjustable Rate Loans) in the market.
o Put a cap of 6% in all interest rates of the sub prime mortgages.
Those two simple rules will keep thousands of foreclosures from happening. The central argument of these two simple solutions is: the principle of higher risk deserves a bigger return is totally wrong and has no logic at the moment, WE, the taxpayer (homeowners most of us) gave money to guarantee the loans.
The banks got their money to be able to compensate the loss of non-payment of notes that have their value based on high interest rates that are variable or loans with high interest rates that people can not pay or have a hard time paying. Most deserve to be refinanced to notes that have a fair, fixed interest. The guidelines to give homeowners these new terms should be simple, if you have a loan now and are current you are a candidate to the new terms. If you have defaulted on your loan for economic reasons we give you a second chance with the lower fixed interest payment.
Let's Replace All Adjustable Rate Mortgages (ARM's) and other High Interest Mortgages
The housing, banking crisis has a simple solution that has the priority of keeping people in their houses. Every banking company, including all related investment and values business that have received subsidy from the government has to comply with the following guide lines:
o Change to fixed rates all ARM(Adjustable Rate Loans) in the market.
o Put a cap of 6% in all interest rates of the sub prime mortgages.
Those two simple rules will keep thousands of foreclosures from happening. The central argument of these two simple solutions is: the principle of higher risk deserves a bigger return is totally wrong and has no logic at the moment, WE, the taxpayer (homeowners most of us) gave money to guarantee the loans.
The banks got their money to be able to compensate the loss of non-payment of notes that have their value based on high interest rates that are variable or loans with high interest rates that people can not pay or have a hard time paying. Most deserve to be refinanced to notes that have a fair, fixed interest. The guidelines to give homeowners these new terms should be simple, if you have a loan now and are current you are a candidate to the new terms. If you have defaulted on your loan for economic reasons we give you a second chance with the lower fixed interest payment.
The housing, banking crisis has a simple solution that has the priority of keeping people in their houses. Every banking company, including all related investment and values business that have received subsidy from the government has to comply with the following guide lines:
o Change to fixed rates all ARM(Adjustable Rate Loans) in the market.
o Put a cap of 6% in all interest rates of the sub prime mortgages.
Those two simple rules will keep thousands of foreclosures from happening. The central argument of these two simple solutions is: the principle of higher risk deserves a bigger return is totally wrong and has no logic at the moment, WE, the taxpayer (homeowners most of us) gave money to guarantee the loans.
The banks got their money to be able to compensate the loss of non-payment of notes that have their value based on high interest rates that are variable or loans with high interest rates that people can not pay or have a hard time paying. Most deserve to be refinanced to notes that have a fair, fixed interest. The guidelines to give homeowners these new terms should be simple, if you have a loan now and are current you are a candidate to the new terms. If you have defaulted on your loan for economic reasons we give you a second chance with the lower fixed interest payment.
We signed the "we the taxpayers want banks to change loan terms" petition!
# 22:
10:40 am PST, Nov 22,
Silvia Melo, Portugal
# 21:
7:42 am PDT, Oct 12,
Elizabeth Reynolds, United Kingdom
This is a worthy cause, please get your friends and family to sign! Another Cause: The Venus Project is an Organisation that proposes a feasable plan of action for social change; one that works towards a peacful and sustainable global civilization. It outlines to strive toward where human rights are not only paper proclaimations but also a way of life. A world whe Mother Nature and Technology work together, not as two opposing forces. Where Resources and Science are choices over Profit and Power. Please look up the website http://www.thevenusproject.com/ and sign the petition. http://www.thepetitionsite.com/1/The-future-that-Humanity-Deserves
This is a worthy cause, please get your friends and family to sign! Another Cause: The Venus Project is an Organisation that proposes a feasable plan of action for social change; one that works towards a peacful and sustainable global civilization. It outlines to strive toward where human rights are not only paper proclaimations but also a way of life. A world whe Mother Nature and Technology work together, not as two opposing forces. Where Resources and Science are choices over Profit and Power. Please look up the website http://www.thevenusproject.com/ and sign the petition. http://www.thepetitionsite.com/1/The-future-that-Humanity-Deserves
# 20:
12:44 am PDT, Sep 17,
Name not displayed, Kentucky
# 19:
10:00 am PDT, Jun 24,
Joanne MacLaine, Washington
# 18:
5:48 am PDT, Jun 18,
Judith Benjamin, South Africa
# 17:
8:01 pm PDT, Jun 17,
Patrice Mykytka, Florida
# 16:
7:51 pm PDT, Jun 17,
Julia Tawyea', Pennsylvania
# 15:
6:01 pm PDT, Jun 7,
Mr. & Mrs.Terry Cadwallader, Missouri
# 14:
7:19 am PDT, May 27,
Ricardo Morales, Puerto Rico
# 13:
7:19 am PDT, May 27,
Ricardo Morales, Puerto Rico
# 12:
2:00 pm PDT, May 26,
Jayne DellEra, Georgia
# 11:
2:46 pm PDT, May 25,
Joanne Seghieri, California
# 10:
1:37 pm PDT, May 25,
Jeremy Smith, Indiana
# 9:
10:43 am PDT, May 25,
William Epler, New Mexico
# 8:
6:51 am PDT, May 25,
David L. Sagers, Ohio
# 7:
5:54 am PDT, May 25,
David N Moore, Connecticut
# 6:
4:43 am PDT, May 25,
Bill C, Germany
# 4:
11:41 pm PDT, May 24,
Pam Boland, Georgia
# 3:
10:20 pm PDT, May 24,
David Dunkleberger, Pennsylvania
# 2:
1:13 pm PDT, May 24,
Janet McCain, Washington
# 1:
12:35 pm PDT, May 24,
Regina Knapp, California
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