Reset My Loans Now: Restore the American Dream sign now

RESET MY LOANS AND RESTORE THE AMERICAN DREAM:

This petition is to demand that Congress and the President pass legislation that will force banks to modify loans by: resetting people's mortgage loans with meaningful principal reductions to the actual current value of the home in todays market, respond in a timely manner with loan modification specialists who will follow through with homeowners, and allow those who have become unemployed a one year true forbearance that does not have to be added to the end of the loan. This new legislation should also mandate that lenders must begin the loan modification process both for those in good standing, and for those who are late in their payments.

We believe this will create more money in people's pockets, creating more spending, which will create more jobs and generate more manufacturing thereby improving the economy. Also by leaving people in their homes they will continue to get the tax benefits on the interest they pay, and preserve their credit which also will improve the economy.

By signing this petition you agree allow us to e-mail you updates unless you specify otherwise. We will be sending you information on how you can get help, as well as how you can advocate through your congressman/woman and Senator's to permanently change the way banks do business with us in this country. Please tell us your story and why this is so important to you in the remards section.

Kate Hanni, Executive Director
Resetmyloans.org

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Glen GoodwinBy:
International PolicyIn:
Petition target:
U.S. Congress and President Barack Obama

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