I have spent the last week working on a writing project to help desperate homeowners find financial assistance to pay their mortgage. As a creative financer myself (family of 4 living in southern New Hampshire), I have concocted valuable ways to make money stretch beyond the forces of nature. I thought that I could use my life experiences, research abilities and my Internet savvy to help. For the most part, my project is going along quite well. I’ve hit a few bumps in the road, as well as quite a few dead ends, but all in all, it’s going according to plan.

Some of the feds on Capitol Hill don’t want to “bail out” American families who got in over their heads with a mortgage that they didn’t completely understand, or assumed that the real estate bubble was going to keep expanding thus creating equity in their homes and leaving lots of room for refinancing down the road. These feds are typically of the conservative nature and would much rather bail out the mortgage lenders in a few years than help the citizens that pay their salaries.

Here’s what happened.

In 2005, the feds began [Read more →]