Freddie Mac Betting Against Struggling Homeowners

[natasor]

23. Freddie Mac/Fannie May again

Hi, I just want to add my voice to the Freddie Mac talk show on the NPR.
My husband and I live in Toledo, OH. We are not under water with mortgage on our home, making regular payments to the 5/3 Bank for 5 years. Actually they automatically withdrow every monthly payment from our checking account. It never was declined. Credit score is in high 700. The 5/3 Bank several times made invitation to us to refi our home at lower interest rate. By doing so we could save $400 a month. We had several attempts to do so with the 5/3 Bank and other mortgage cos. Every time we have been rejected, even so our financial conditions almost did not change.
We realised that something is going on, somebody makes real good money on our rejections.
The next day continue of the show had a qustion to the White House rep "why Freddy Mac does conduct such unfriendly to the struggling homeowners policy?" The answer was "Because it is a private company and has right to employ any policies it likes"
It is so unfair. We, as taxpayers, puled it out of the hole with billions of our hard earned dollars, and now when we ask it to help, it rejacts us from refinancing our mortgages at lower rates. We could save about $5000 a year and make great contribution in economy.
I'd like to provide the links to the atricles, so you could read it and understand better what's all about. http://www.npr.org/blogs/thetwo-way/2012/01/30/146110055/report-prompts-calls-to-end-freddie-macs-conflict-of-interest
an another one http://www.npr.org/2012/01/30/146093300/as-homeowners-struggle-freddie-mac-benefits.
When do this biblical corraption will end???