John Cusack Helping to Solve the Housing Crisis PDF Print E-mail
Post by Jo   
Wednesday, 15 August 2012 00:00
John Cusack - voice for a solution to the housing crisis

John Cusack discussed an innovative solution to the housing crisis with Ariana Huffingon on HuffPostLive. The plan, devised by John Vlahoplus, chief stategy officer at Mortgage Resolution Partners, would fund money to local governments for a fee so that they could then use their powers of eminent doman to purchase underwater mortgages.

The city would then give homeowners the ability to refinance their mortgages so they could make lower payments. The plan bypasses Washington completely and operates on a civic level.

Kudos John for your passionate activism and for being "the change you want to see!"

Source Article John Cusack, Arianna Huffington Talk Eminent Domain Proposal To Help Underwater Borrowers.

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