Bailing Out the People Made Impossible vs. Bailing Out Mega Corporations

[Dappleganger]

Hurting Florida owners find 'Hardest Hit' cash hard to get.

Deborah Stockhammer was four months late on her mortgage when she applied in April for federal foreclosure prevention money through the Hardest Hit program.

The Jupiter River Estates resident, whose search for work after being laid off has included an unsuccessful attempt at a Dollar Store job, soon was approved for the assistance.

But Stockhammer, 58, said her loan servicer has refused to accept the federal money to make her loan payments. She was served with foreclosure papers last month.

"The money is there, it's been allocated," said Stockhammer, who refinanced in 2007 and now has a loan serviced by Ocwen Financial Corp. "Why not use it instead of throwing people out?"

http://www.palmbeachpost.com/money/foreclosures/hurting-florida-owners-find-hardest-hit-cash-hard-1754014.html

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People are still really hurting in this economy and the President needs to acknowledge that his stimulus did little but prop up banks with our tax dollars, who then in turn used that $$$ to shore up their bottom line and flip off needy homeowners.

[GreenPartyVoter]

1. In a battle of Wall St. vs Main St. , Main St. loses every time. :^(

[dkf]

2. Article no longer available?

[Angry Dragon]

3. You have e-mail