- Posted September 27, 2012 by
Yorba Linda, California
This iReport is part of an assignment:
Final presidential debate: Unanswered questions
Obama Debate Question on Foreclosures
- zdan, CNN iReport producer
As a Realtor seeing many loans that should have never been approved during the housing bubble, I am very concerned of the ongoing mortgage crisis and don't see a sustainable economic recovery until the current homeowners are given the same deal as Wall Street fat cats and new buyers.
If the current homeowners are given the same deal, it could save around 5 million homes. I rather help the current homeowner than a fat cat that approved the loan in the first place. Wall Street banks got bailed out, why not the current homeowners who got sold out?
I went back looking for an old iReport for someone and I came across these oldies but goodies and you can tell that this mortgage crisis has been on my mind since almost the beginning of me being here on iReport.
March 12, 2009
Foreclosure Crisis Recommendation to Obama: (really grainy but audio is ok)
Wachovia is reducing principals!!
And here's when I changed parties back in January of 2012 because of Obama's stance on prosecuting the banks and:
Independent Voter Defects