Where do you stand on homeownership for low to moderate borrowers?

greenspun.com : LUSENET : William Coit's Campaign Forum : One Thread

The President has made a commitment to grow homeownership by 50% between 2002 to 2006. What are your thoughts and how would you help fulfill this goal?

-- Marshall E. Crawford, Jr. (mecrawfordjr@yahoo.com), March 22, 2002


I support the efforts of the President to increase the number of citizens acquiring the American Dream.

First, I would work to create a consortium of banks to provide loans to low and moderate income people. These banks would share the risks and profits of originating the loans.

Second, I would prevent unscrupulous lenders from taking advantage of citizens through predatory lending activity.

-- william coit (wcot@yahoo.com), March 22, 2002.

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