New rules aim to protect homeowners from foreclosure
http://money.cnn.com/2013/01/17/real_estate/mortgage-rules/index.html?hpt=hp_t2
Good start. Municipalities all have a stake in this too. It would be in their interests to make sure that taxpayers are left holding the bag if everyone walks away from a property.
All mortgage instruments should help homeowners retain their properties with tools to manage their debts loads so as to avoid going down the path of foreclosure.
It’s common sense to avoid critical mass disruptions to local, state/provincial, national economies. Helps to create job stability and bill payments. Bottom line is that towns and cities have less spikes in all areas and more of a bell sine curve when dealing with change – especially unexpected change. Natural ups and downs are normal. Spikes are artificially created by all things ephemeral and human.
Bottome line is that human minds have a hard time grasping the incredibly large NRGY picture. The dots and connections are too wide over time ! What’s missing are the multiple MORAL/ETHICAL anchors that forms the N.E.W.S. points of directional individual compasses. So no one knows what’s up and what’s down. Who’s in charge. The W5 of the Dance of Life & NRGY.
Leave a comment