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The Mother of All Governments? April 23rd, 2008 I received an e-mail this morning from the Certified Mortgage Planning Specialist (CMPS) Institute proposing to Congress that they (Congress) bail out homeowners with negative equity by way of a loan equal to 20% of the homeowner’s current value of their home.Gibran Nicholas, Chairman of the CMPS Institute said, “Negative homeowner equity is the one root problem that Congress can help solve.”  He further stated, ““If homeowners have no incentive

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Tags: Government, Home, Loan, Mortgage

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