Citi to Lower Mortgages for Unemployed

J818Moore 08:44:47 AM Mar 04 2009

Looks like she could take some money from her food budget and use it to pay her mortgage.

Shaggy50 04:27:40 AM Mar 04 2009

I'd like to know where all the profits are these banks made over the years. All the people the only ones who need to save for a rainy day?FMB555 11:00:38 AM Mar 03 2009 "Report This! I don't fully agree with all of the bailing out and propping up that's been going on, but here's something to think about. If you took all of the money that congress has spent in the past 3 months you could have paid off 80% of the mortgages on primary residences which would have shored up the financial industry, and at the same time allowing the money that people would have been spending on these mortgages to be dumped into other areas of the economy and prevented many of the layoffs and foreclosures now taking place. More bang for the buck."I agree, if you bail out the home owner , you bail out the bank. You just need to come up with a way that would make them pay you back. Remember alot of people bought at inflated prices and don't mind forclosure. And many would still not pay because to some it's a way

Shaggy50 04:03:10 AM Mar 04 2009

As far as all your comments on Bonnie's years in her home. Do you realize that most people have a 30 year mortgage? By the amount she's behind and her payments she sure isn't over paying. My guess would be that she owes for a few more years and now when the money is mainly principal they'll foreclose. The first 20-25 years goes to interest. Also, anyone that can't refinance, try for a home equity line of credit. And do it while you're up to date on your mortgage. It's a great way to make a house payment or car payment. We used one to buy a second homeyearsago. You can use it to buy anything.It's a great way to access cash in bad times.

Sleepy066 03:23:17 AM Mar 04 2009

JUST KIDDING HEHE HES DOING OK BUT WILL WORK ON IT WHO KNOW

PTTY 764 03:15:28 AM Mar 04 2009

BARACK OMABA WILL RIP YOU OFF Y'ALL .....HE'S A CROOK AND NO GOOD TO BE PRESIDENT

Al1pa 02:58:28 AM Mar 04 2009

Over 80% lose their homes even after they had banks restructure their laons and this is a proven fact. Let the damn DEADBEATS lose their homes and this recession will start to mend, but not like this. This is insanity. Many people have mortgages that included their cars and RV's and you mame it, even down to refinancing their credit card debts and then they went back into debt and ran their credit cards back up again. This is nuts to bail these DEADBEATS out.

MBurke1953 10:43:37 PM Mar 03 2009

Whoppee doo...what is that going to do for people??? Get real Citibank..how about lowering the payment for a year and give people a chance to get on their feet before you snatch their home away.

Vinylxpress 10:21:13 PM Mar 03 2009

how com eits just th ehomeowners who get a break..what about those if us who rent?? Dont we deserve a break too?

AMD1477 09:57:04 PM Mar 03 2009

Hey Bonnie since you have time on your hand clean the house it will show better.

AMD1477 09:55:08 PM Mar 03 2009

The banks are doing the same thing the people will, learning to live off the handouts. When unfortunate things happen, goverments step in and assist. The bank had the same choices that Bonnie did, pay off your debts or keep borrowing. The only unfortunate thing in this whole situation is the innocent people being affected by the mess created by the others. We should help the responsible, not everyone that knows how to say give me more. This country will only thrive when peolple acknowledge their choices and live by their consiquences. Accountability should be a mandatory class in school.