Harry Reid Has Started To Buy Votes

Sen. Harry Reid announced this week that Nevada will be one of five states to benefit from a new federal anti-foreclosure program. Sen. Reid said the program will bring $100 million to Nevada homeowners who need to rework their mortgages so they can stay in their homes. The money will provide “bridge loans” to unemployed homeowners so they can pay their mortgages until they land a job. The funds can also be used to entice lenders to re-write mortgages on homes that are worth much less than what their buyers bought them for.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s