Loan Modification to Avoid and Prevent Foreclosure
High gas prices, unemployment rate and declining home values are driving our economy into recession. Is cutting expenses, home loan modification the solution? What do we do to help home owners and improve our economy?
Q1: Did you know that your home value might be less that what you owe and that your mortgage rate and payment could be reduced?
Idea Description
I believe that the US economy won’t recover until gas prices is back down and home values is appreciating which will drive our dollar back up. Most people survive from their jobs and home equities, when we don’t have both, we live of our credit cards. Home values are depreciating nationwide and that is why the economy is in depression. So the solution has to start by home values. Now, if we have our banks modify the terms of our home loans and reduce the principle balance as well as the mortgage payment to what we can afford then we are doing the right thing. The Loan Modification Squad helped my reduce mortgage balance and payment. I am glad I called them. http://www.themod-squad.com/
What will you do if you win $10,000 for this idea?
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Vote for it now.
I like your idea; I want to improve your odds of getting funding I will vote for your idea if you will vote for mine. My idea is for a web site that raises money for inventors and entrepreneurs called New Idea website Check out my idea blob submission and visit New Idea Website and see what I can do for you. http://www.ideablob.com/ideas/4060-NEW-IDEA-WEBSITE The need for jobs is one of the biggest problems that a democratic government faces because creating jobs is an unwanted byproduct of business and industry. The reason I say its unwanted is the more jobs a business creates the more its expenses are and the smaller it’s bottom-line. If business and industry have their way they would run their companies with no jobs at all no management or labor. To deal with this dilemma I pr…moreopose a federal venture capital carrot fund that literally pays entrepreneurs to create jobs. The investment bank would be expected invest in seed level startup projects like yours and to lose money at a specified dollar per jobs ratio for example during hard times that figure may be as high as $20,000 per job and good times the figure may be as low as five dollars per job, by controlling this ratio the fed could roughly control unemployment. The bank will be expected to fund novel products and services and stay away from things like restaurants that will simply draw jobs from other restaurants or moving factories from one part of the country to another. If you like this idea vote for it and send the congressional letter from the website. Sincerely Frank Scruggs
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