To the rescue!
Want to lower your house payment? Want to save hundreds of dollars each month? Well, the Rescuer in Chief has a deal you can't afford to pass up. In order to qualify, you have to meet the following criteria:
- Have little or no equity in your house. Note: you can accomplish this either by not making a down payment or by getting a second mortgage to "leverage" your equity.
- Take a three-month break from sending in a house payment.
- Make a really pouty-looking face while saying "My lender tricked me!" one hundred times as you stomp around in a circle.
You'd better hurry up if you want to take advantage of this special offer because only the first 400,000 home owners who apply will be accepted.
Please note, if you have been making your house payment on time each month you are not eligible for this incredible opportunity.
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Also, from the Department of Homeland Irony, White House spokesman Tony Fratto said that in light of the newly signed legislation, "the Federal Housing Administration would begin right away to implement new policies 'intended to keep more deserving American families in their homes.'" As it turns out, banks have already found a way to determine which American families deserve to stay in their homes. It's the ones who send them a check each month.




