Comments on: Hitting Bottom http://blownmortgage.com/2009/04/07/hitting-bottom/ #1 Free Home Loan Modification & Debt Relief Help For US Home Owners - Truths, Facts & News About the Mortgage Industry Sat, 21 Nov 2009 12:13:18 -0700 http://wordpress.org/?v=2.8.3 hourly 1 By: Stephen M. Weeks http://blownmortgage.com/2009/04/07/hitting-bottom/comment-page-1/#comment-46867 Stephen M. Weeks Thu, 09 Apr 2009 15:46:00 +0000 http://blownmortgage.com/?p=2886#comment-46867 The bailout is unnecessary in many foreclosure situations. I have a patent on a home refinancing method that can dramatically lower monthly housing expenses for distressed borrowers and turn toxic loans into performing assets. <br><br>I am hoping you will take the minute and a half to watch the attached YouTube video and decide whether it is worthwhile to review the website to consider as a blog entry on your site. <br><br>The following YouTube link gives a brief overview <a href="http://www.youtube.com/watch?v=Omx9XdQln60" rel="nofollow">http://www.youtube.com/watch?v=Omx9XdQln60</a> and a detailed lay explanation can be found at <a href="http://www.termownership.com" rel="nofollow">www.termownership.com</a> (Including a copy of the patent). Depending on your e-mail settings you may have to cut and paste these into your browser.<br><br>In a nutshell Term Ownership is a third form of property ownership (between renting and full ownership) that was prevalent in the 1200's and 1300's but faded out of use because financial institutions and investors did not exist to get the system up and running in a meaningful way. Back then, individuals had to pay for the term up front with their own resources. Now with banks and investors needing safe, performing assets, this program could halt hundreds of thousands (if not millions) of foreclosures. But people (i.e. Congress and the office of the President, and Fannie Mae/Freddie Mac) need to learn it exists, or it will merely go the way of so many good ideas – in the scrapheap of history.<br><br>Please help spread the word if you can, millions of families are truly hurting right now, many needlessly, due to a lack of imagination and ingenuity. <br><br><br>Stephen Weeks The bailout is unnecessary in many foreclosure situations. I have a patent on a home refinancing method that can dramatically lower monthly housing expenses for distressed borrowers and turn toxic loans into performing assets.

I am hoping you will take the minute and a half to watch the attached YouTube video and decide whether it is worthwhile to review the website to consider as a blog entry on your site.

The following YouTube link gives a brief overview http://www.youtube.com/watch?v=Omx9XdQln60 and a detailed lay explanation can be found at http://www.termownership.com (Including a copy of the patent). Depending on your e-mail settings you may have to cut and paste these into your browser.

In a nutshell Term Ownership is a third form of property ownership (between renting and full ownership) that was prevalent in the 1200's and 1300's but faded out of use because financial institutions and investors did not exist to get the system up and running in a meaningful way. Back then, individuals had to pay for the term up front with their own resources. Now with banks and investors needing safe, performing assets, this program could halt hundreds of thousands (if not millions) of foreclosures. But people (i.e. Congress and the office of the President, and Fannie Mae/Freddie Mac) need to learn it exists, or it will merely go the way of so many good ideas – in the scrapheap of history.

Please help spread the word if you can, millions of families are truly hurting right now, many needlessly, due to a lack of imagination and ingenuity.

Stephen Weeks

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