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Monday, November 1, 2010
"Stop paying your mortgage" says FL governor candidate Khavari Florida gubernatorial candidate says everyone should stop paying mortgages to get the banks to come clean. He proposes to refinance every home at 2% for 15 years, based on the current market value. Among other things, banks must reveal all dealings in derivatives based on mortgages or mortgage defaults, and show how each specific mortgage is covered by which securities.
Monday, November 1, 2010"Stop paying your mortgage" says FL governor candidate Khavari Florida gubernatorial candidate says everyone should stop paying mortgages to get the banks to come clean. He proposes to refinance every home at 2% for 15 years, based on the current market value. Among other things, banks must reveal all dealings in derivatives based on mortgages or mortgage defaults, and show how each specific mortgage is covered by which securities.
