Remember, when we were buying our homes in the day - and we heard, “the Government is giving away free money to purchase homes?”

Well, low and behold it was not free money.  The money was interest free, payment free, but the money had to be paid back.  Some cases of long term ownership negated the repayment, but that was a rare situation, most cases the Government will recaptured all that was loaned.

Now, I hear that the Government is giving out FREE, home loan Modifications.  Not only trying to block hundreds of thousands of Mortgage Brokers out of business, again, only those consumers who “qualify” will have their loans looked at.

Consumers, FREE, means FUNDED, means you do not get a FULL BENEFIT!

Go ahead, add it to your tab, American Consumers, but remember, paybacks are a bitch!

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