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ssj12 said:
i think this will benefit a lot of people. mainly the citizens of the US that have the mortgages.

 

It doesn't do anything for those people. They still pay there mortgage just the same. If they don't, the get foreclosed on, just the same.

The only thing that will change for them, is who they write the payment too.

Who this helps, is the banks. Who it hurts, is everyone else.