The Philippines GrandChase Section [Season2]

Last summer, as [Only registered and activated users can see links. Click Here To Register...] premier plan to save millions of Americans from foreclosure foundered, the administration [Only registered and activated users can see links. Click Here To Register...] tossed a new life preserver to[Only registered and activated users can see links. Click Here To Register...] homeowners.
Officials unveiled a $1 billion[Only registered and activated users can see links. Click Here To Register...] program to offer loans to help the jobless pay their [Only registered and activated users can see links. Click Here To Register...]mortgages until they could find work again. It was supposed to take effect[Only registered and activated users can see links. Click Here To Register...] before the end of the year, but as of today, the[Only registered and activated users can see links. Click Here To Register...] program has yet to accept any applications.
�We wait and wait, and they keep saying [Only registered and activated users can see links. Click Here To Register...]it�s coming,� said James Tyson, 50, a Philadelphia [Only registered and activated users can see links. Click Here To Register...]homeowner who lost his job a year ago.
That could be an epitaph[Only registered and activated users can see links. Click Here To Register...] for the administration�s broader[Only registered and activated users can see links. Click Here To Register...] foreclosure prevention effort, as tens of billions of dollars remain unspent and hundreds [Only registered and activated users can see links. Click Here To Register...]of thousands of homeowners[Only registered and activated users can see links. Click Here To Register...] have been rejected. Now the existence of the main program, the Home[Only registered and activated users can see links. Click Here To Register...] Assistance Modification[Only registered and activated users can see links. Click Here To Register...] Program, is in doubt.
Saying it is a waste of money, the [Only registered and activated users can see links. Click Here To Register...]Republican-controlled House voted on Tuesday[Only registered and activated users can see links. Click Here To Register...] night to kill the foreclosure relief [Only registered and activated users can see links. Click Here To Register...]program. The Senate, which the Democrats control, will pursue a rescue. But Democrats, [Only registered and activated users can see links. Click Here To Register...] too, consider the program badly flawed.
The effort has failed [Only registered and activated users can see links. Click Here To Register...]to stanch a wave of foreclosures and a decline in home prices, which have [Only registered and activated users can see links. Click Here To Register...]
and are now just barely above their[Only registered and activated users can see links. Click Here To Register...] low, according to a key index updated[Only registered and activated users can see links. Click Here To Register...] on Tuesday. All of this threatens the fragile economy, which is also being buffeted [Only registered and activated users can see links. Click Here To Register...]by foreign crises.
�The banking industry [Only registered and activated users can see links. Click Here To Register...]fought us tooth and nail, and we ended up with a program that is [Only registered and activated users can see links. Click Here To Register...]failing homeowners,� said Representative [Only registered and activated users can see links. Click Here To Register...]
, a Democrat from California. �The administration [Only registered and activated users can see links. Click Here To Register...]doesn�t give us real enforcement or[Only registered and activated users can see links. Click Here To Register...] answers; we just get the old yokey-doke.�
Yet the need remains great. There were [Only registered and activated users can see links. Click Here To Register...] in February, according to RealtyTrac. About[Only registered and activated users can see links. Click Here To Register...] 145,000 homeowners are in trial modifications[Only registered and activated users can see links. Click Here To Register...] under the Obama program. An examination of federal documents and[Only registered and activated users can see links. Click Here To Register...] lawsuits, and interviews with legislators, state attorneys general, housing counselors, homeowners [Only registered and activated users can see links. Click Here To Register...]and regulators, reveal a federal mortgage modification program [Only registered and activated users can see links. Click Here To Register...]crippled by weak oversight, conflicts of interest, mind-numbing complexity and poor performance by many[Only registered and activated users can see links. Click Here To Register...] participating banks.
For example:
�Congress set aside $50 billion for [Only registered and activated users can see links. Click Here To Register...]foreclosure prevention, amid administration projections that three million to four million homeowners [Only registered and activated users can see links. Click Here To Register...]would benefit from modifications. So far, the [Only registered and activated users can see links. Click Here To Register...], which oversees the program, has spent slightly more than $1 billion, and just 607,000 homeowners have received permanent [Only registered and activated users can see links. Click Here To Register...] (of those, 11 percent have defaulted).