Where do you stand on homeownership for low to moderate borrowers?greenspun.com : LUSENET : William Coit's Campaign Forum : One Thread
The President has made a commitment to grow homeownership by 50% between 2002 to 2006. What are your thoughts and how would you help fulfill this goal?
-- Marshall E. Crawford, Jr. (email@example.com), March 22, 2002
I support the efforts of the President to increase the number of citizens acquiring the American Dream.
First, I would work to create a consortium of banks to provide loans to low and moderate income people. These banks would share the risks and profits of originating the loans.
Second, I would prevent unscrupulous lenders from taking advantage of citizens through predatory lending activity.
-- william coit (firstname.lastname@example.org), March 22, 2002.