Comments on: Fox News’ Neil Cavuto Interviews Gilbert

By: TS Low

TS Low — Fri, 07 Nov 2008 03:12:00 +0000

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.

By: Slillis

Slillis — Mon, 27 Oct 2008 09:10:51 +0000

What a joke. The banks are not participating.
Try getting help from Wells Fargo. You are a fool.

By: sally carder

sally carder — Fri, 24 Oct 2008 17:33:40 +0000

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

By: mark

mark — Thu, 23 Oct 2008 21:54:56 +0000

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!