I tend to agree and disagree, I was discussing this in class a few nights ago actually, I would tend to say that this must be done in order to prevent a full economic meltdown, these people are should not be bailed out BUT I don't want their mistakes ruining my life either, so it's a catch 22 for me, I don't REALLY think this will fix it, most of the people who really need this have already missed a payment or 2, so this doesn't fix their situation, if they really wanted to fix it, I'd say they need to make it "no more then 4 payments etc"

I'm hoping this educated people on what not to do without ruining the good brokers out there either

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