Reply #67: If it is an issue it is a minor one and a gamble I'm willing to take.

[Hansel]

We don't have time to pussy foot around about a relatively small number of people who might abuse the system. It's not a good enough reason to hold up further programs.

And for every abuser you know there are thousands who need the help while people like you focus on this crap. There are stringent requirements to get HAMP money and they only processed 250,000 of 10 million in foreclosure because of it in the 1st year of the program. It takes forever so I doubt very much that 4 people you work with got "bailed out" illegitimately. But if you know 4 people who got help illegitimately maybe you should turn them in if your concerned enough about it to stall the program until many who legitimately need the help lose their homes.

You have to be an owner-occupier to get HAMP money and the most units you can own is 4. If this is what you are referring to as speculation, I have to said "big whopping deal". Who cares.

I'm sorry, but you are barking up the wrong tree here. I have absolutely no empathy for your argument. People need help now and I don't really care about a comparatively small number of people who might get something you don't think they deserve. There are a hell of a lot bigger fish to fry in that category with corporations and war profiteers. If some little guy gets an extra dime so be it. I'm more concerned with stopping the mortgage crisis, and saving homes and jobs.