Government Home Foreclosure Rescue Plans Don't Go Far Enough

As most Americans know, America is experiencing its worse foreclosure
crises in history caused, in part, by adjustable rate subprime loans
and job losses. Now, the government is offering a couple of alternatives
to the constant flow of foreclosure homes onto the market. The problem is,
I don't think either plan will produce significant help for those in trouble.
I have outlined both plans below, the purpose of this article is to explain
the pitfalls in both. I call the first plan which was unveiled in September
2007 -- plan one, also known as FHA Secure, and the second plan, unveiled in
February 2008--plan two, also known as Project Lifeline. I am not sure when...

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