If it seems like someone new proposes a different way to help "troubled homeowners" escape the threat of foreclosure, it's probably because that's exactly what is going on. Today, it's Sheila Bair's turn. She's the chairwoman of the Federal Deposit Insurance Corp. She wants her agency and the Treasury Department to work together to find even more preventable steps for homeowners in trouble and facing foreclosure.
Here's a thought: instead of everyone talking about plans, how about if we spend the same amount of time actually putting one in place. After all, didn't we just pass a $700 billion bailout program whose goal was to do, I don't know, help "troubled homeowners" escape the threat of losing their home? What is going on with that program? Is it broken already and that's why the FDIC has to already come to the plate with it's own program?
Fortunately, the one "bailout" program that does work is the LeaseTrader.com car lease bailout program that lets you bailout of your lease by finding someone else to transfer it over to.
This story posted by LeaseTrader.com, the automotive service company that lets people transfer out of their Car Leases early. If you're looking to swap a lease or transfer out of your car lease, please visit www.leasetrader.com