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So, you're in favor of HARP? Because it does force banks to refinance underwater homeowners who are current on their mortgage payments. And if I understand correctly, you prefer the government to have stepped in with a morer forceful and larger role, and dictate to private banks that they refinance any mortgage that would qualify under HARP, even the loans owned by a private investor and not owned by Fannie or Freddie.

Nope. Bankers were waaaaay too short-sighted. Instead of voluntarily refinancing homeowners who were ontime with their payments, they're now awash in foreclosures--a kind of musical houses similar to musical chairs.

I would have preferred the government to be completely hands off instead of trying to manipulate by "stimulating" the economy. Put an incompetent community organizer in charge of it all and disaster ensues.
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