It only took an hour for those populist words delivered on the steps of the Capitol to ring hollow. Actions always speak louder than words.
https://www.facebook.com/senschumer/videos/10154998550714407/
Who makes money from new mortgages? The banks?
New mortgages make the principle payments go up and interest goes up and eventually more houses get foreclosed. Maybe people should suffer instead and learn to live within their means?
Mortgages are a tool used by banks to confiscate land by lending beyond people's means to pay back.
Equity is nothing more than a scam. And when "landlords" take out mortgages the interest and principle payments are passed off to their already overcharged tenants.
Am I missing something here?
Improve your credit score rating so you can become a slave to high interest and the banks.
Make it easier to max out credit cards?