Stop ALL foreclosures of all types below $729,000. Local and State Real Estate taxes should continue to be paid.

Foreclosures are the most egregious attack on our present economy. The Housing crash was perpetuated BY the very people now foreclosing on homeowners and businesses. However, the very rich are immune from consequences. They may walk away with no repercussions. They may lose one of many houses but keep the rest in a Bankruptcy. Stopping Foreclosures for 12 months for ALL mortgages under $729,000 would 1 - Infuse cash into the economy, 2- continue Real Estate taxes for Towns and States, 3- Eliminate the Interest Deduction (increase tax revenues) 4- force Banks and lenders to modify loans which they simply have no real incentive to do. Presently banks claim huge losses for foreclosing but still insist on doing so. Obviously they are lying about the costs and they MAKE money by foreclosing