The Mortgage Bankers association Announcement!

The mortgage bankers association has decided the scenario to follow in future and will help the country to cover up from the current crisis and shocks of financial crunch, also the mortgage rates which are going so high will also be entertained and the people of the state will get in peace.
President Obama knows very well that “People were looking for a savior to get us out of this mess and that's why they voted for Obama," so now it’s a huge responsibility on him to take people out of this crunch .The Federal Reserve said yesterday that most of its 12 regional banks detected a slower pace of economy decline in June and July, and the benchmark Standard & Poor’s 500 Index has risen 15 percent since Obama’s inauguration. President Obama is very much under stressed and trying to give people relief. The Reverse mortgage industry can be survived well if he takes step on the right direction. Because reverse mortgage is the only better hope for the older people to spend their rest of life with peace under their own home roof.

Now, it depends on the future that the mortgage bankers association scenario and how they follow their strategy to help the country to cover-up the crisis!