The Keep Your Home California Program that was designed to help Distressed Homeowners may be causing losses of as high as 400 million dollars.

I have created a Quora Space devoted to California's penchant for taking back something after they have given it out to homeowners.  called Keep Your Home California.  Keep Your Home California is using a junior lien leverage to decimate the original purpose of the program, which was to help distressed homeowners pay their mortgage for 18 months because of a poor economy several years ago. However, the Keep Your Home California program is possibly causing losses of as much as 400 million dollars among formerly distressed homeowners because of the five year junior line that program has slapped onto everyone who participated in the program.

I contacted the Keep Your Home California Program and they did not seem interested in removing the five year junior lien even after the Federal Government recused themselves from the Program.

Any homeowner in the Keep Your Home California Program has to pay off their junior lien if they are trying to be responsible and reduce their mortgage costs with a re-finance.

I will be going into more detail in the future as this program was made FOR YOU and for people you know who happen to be homeowners who had a bad spot that was directly related to the Wall Street crash of 2008 and subsequent economic doldrums that lasted for a few years afterwards.

Please consider signing the Debt Neutrality Petition by clicking here.