Fox News’s business host Neil Cavuto interviews Dan Gilbert on his housing market rescue plan.
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The Latest Buzz & Media Coverage
Fox News's business host Neil Cavuto interviews Dan Gilbert on his housing market rescue plan.
- #Forbes Magazine: Senator Stabenow Says Gilbert Plan is "Persuasive"
- #Detroit Free Press Tom Walsh: 2 Propose Sane Fixes to Housing Meltdown
- #As bailout vote nears, other plans proposed - The Detroit Free Press
- #Dan explains the rescue plan to News/Talk 760 WJR's Frank Beckmann
- #Dan Gilbert talks to CNBC's Maria Bartiromo about why the $700 billion government bailout isn't enough to solve the death spiral in the housing market.
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4 Comments
sure dan—-quicken loans was as responsible as anyone for this crisis—by providing credit to folks thats didnt yet derserve it. and now you try to help!
[Reply]
This is the best propsal I’ve read, to bad the GOVERMENT can’t come up with a sane plan. I have been contacting everyone on your list and hopenow articles, hope your,a solution that works, goes through, alot of good tax paying people are going down fast. Let me know what else I can do. I have time and lots of drive!!!! Good luck, Sally
[Reply]
What a joke. The banks are not participating.
Try getting help from Wells Fargo. You are a fool.
[Reply]
With no principal reduction on a 30 year timeframe, no one over 50 years old (over 50% of all foreclosures) will take the bait. Sorry, but a lifetime of indebtedness is no reasonable solution. I’d rather hand in the keys now and rent a similar house at a vastly lower monthly cost so long as myself, my estate (what’s left of it) or my heirs are not burdened with the depreciating capital. I have a 15 year mortgage. I want lower payments to reflect my lessened value. If I do no get a capital write down and the home, I will walk. I am too old to do otherwise. From Phoenix, in my neighbourhood, I speak for about 75% of all who are now in severely devalued properties. We cannot take new mortgages on that will exceed our lifespans. This plan needs a reality check.
[Reply]
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