From Arming against foreclosure By Ruth Mantell:
"The marketplace is designed so that it will protect owners of vacation homes and second homes, but yet a consumer who is struggling to make their mortgage payments cannot include their home," said David Berenbaum, executive vice president with the National Community Reinvestment Coalition.Once again the rich have the law on their side. It seems like it was not all that long ago that the Bush Administration made it harder for average people to declare bankruptcy. Now, some are saying it would help homeowners who face foreclosures to be able to declare bankruptcy. How much more of Bush’s incompetence must we tolerate?