Two years after all the proposed help to the struggling housing market, all I see is more of the same and a continual slide in a downward direction. There have been no guidelines imposed to help cleanup the short sale, pre-foreclosure situation. There are many more people who have in the past year depleted their savings and 401K’s trying to hold onto their homes, only to be walking away from them bankrupt in the end.

There is no common sense at the top. The government sees everything as a way for them to impose themselves into the fray and act as though they have answers. All they have done is give modifications to the very people who could ill afford their homes in the first place, who put nothing down to begin with. Now they are defaulting on those modifications, or at least 90% seem to be.

The sad thing is they refused to give modifications to the people who put money into their loans originally, but perhaps have 750 plus credit scores, and not enough “hardship” but  instead of granting them a point or two lower on a mtg that was going to remain upside down for possibly years, they determined to squeeze them dry and tell them they couldn’t possibly do a thing to help them. After a year or two of watching everyone else get the help by stopping the payments to their mortgage companies, they feel as though the good are unrewarded for their sacrifice while the ones who broke their agreements are given a pass.

This is the most outrageous part of this whole mess. We are not helping those who could hold on to their homes and help save the neighborhoods,  instead making them look stupid for playing by the rules they signed up for. These are the people who should have gotten some help, and I am so tired of not seeing any come their way. As a country, we are now rewarding the illegal, the liar, and  the corrupt while slapping the face of the honest and true. I am glad I have already raised my children, because the values that will succeed in today’s world are not those I would ever have been able to teach them. I just hope they will live to see those values return to prominence in their lifetimes and those of their children, because a nation like ours cannot survive by adhering to the new and very ugly rules in play.