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Temporary suspend collection of mortgages held by Fanny Mae, Freddie Mac & other federal programs

Created by S.W. on September 27, 2011

By temporary suspending house payment for mortgages already held by the government, we can save family homes, and stimulate the economy.

One of the largest expense for most families is the housing budget. By freeing up the cash allotted to this expense we could both help struggling families and stimulate the economy. Families would have more cash on hand, more money to spend in stores, and on trips, more money to catch up on past due bills.

By only suspending the mortgages that are held by government agencies, there would be no need to pay cash out of the treasury.

Economy & Jobs
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