These homeowners are saying, Will you please help me? Will you please do something about the fact that I am working every day, paying a mortgage amount for a home that's 35 to 50 percent less than what I signed up for? Will my government please help me? This is not fair. They're simply saying, Can't you do something? And we said, Yes. We put into play legislation, FHA, that would help to refinance these homes. Let's get the amounts right.
Waters addresses the need for government assistance to homeowners facing mortgage issues.
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