Bookmark this site
VAN SUSTEREN: You are living — if the house cost $3000 to carry the mortgage, you make $4000, you are living on $1000, and your turn to figure out a way to make this more economical and better for your family.
You are now trying to do something with your mortgage. What are you trying to do with it?
FLEMING: Well, it was the government’s home affordability stabilization plan that FDIC has done for many homes. They will take out 31 percent of someone’s verifiable income, so roughly 30 percent $4,000 would be $1,200. I could certainly manage with that.
