About two year after anyone has ever even used the term “loan modification”, Fannie Mae today lowered the current loan modification interest rate from 5% down to 4%. That’s bound to help one, maybe two people in the whole country–both of whom have not checked their mail or answered their phones since 2010.
It’s like this picture above. Considering the amount of time and effort it takes to get anything accomplished in the public sector, what those who run our country think is good for the rest of us is bewildering at times. But I am sure that they understand what’s best for our country more than I do. Whoever “they” are, God bless them.
