There are numerous things about this report that amazes me. The biggest of which is that people that need help cant get their asses in gear to get the proper paperwork to the agency to complete the process. Let me see if I understand. The home owner needs help because they cant afford their mortgage. They get into a temporary program and all they have to do is make their payments on time and get their documents to the government to get permanent relief. Based on the Treasury Department the majority of the applicants cant keep up with the payments and get documents done. The other issue is of the people that do get the paper work complete dont have income to support even the assisted plan. To me this means they are the same people that should have never been given the mortgage in the first place and should have known they couldnt afford the house they were buying.
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This is very similar to what with on the job. I doing billing/collections for an anesthesia practice. Many of the people say they have medical cards (embarrassed to say they are on Medicaid) and all they have to do is give me the ID number. Dont forget they have been mailed many bills and letters from my law office. They still want to argue, curse at you and take months to get the information to us. And to think it cost them ZERO for their care and they are to lazy to give the correct info to pay the bill.
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