Mortgage entities Freddie Mac and Fannie Mae own nearly 90% of all mortgages in the US. However, they are currently defaulted to the US government, in respect the government owns our mortgages.
This petition is to close out the current mortgage entities and thru due process release all mortgages as paid in full to the mortgage borrowers of primary residences.
The goal is to spur the economy by infusing on average $1800 - 2400 dollars a month into the economy. 44 million mortgages could generate over a trillion dollars in new spending that will create jobs, generate taxes, and reset the mortgage industry back into balance.
This will also release the dependency of the government to continually provide bailout funding in the billions to these organizations.



