Move over Minta Garcia, we have another! Chadi Moussa your mortgage is NOT MY PROBLEM!

The New York Obama Times has another Minta Garica like story this week.

Chadi Moussa lives in a house valued at more than $1 million in Dublin, Calif., in the desirable East Bay area. Unfortunately, he owes nearly twice that much on his mortgage. Mr. Moussa, who runs a used luxury car dealership, is by any definition a troubled homeowner.

After refinancing twice, Mark Klepper owes $1,064,000 on the Miami house he bought for $585,000 five years ago.

But when he looked at President Obama’s housing rescue plan, he saw nothing for him because his mortgage was too high.

“You give $25 billion to a bank, at least they should help people stay in their homes,” Mr. Moussa said. “But once you get to big loans, nobody’s doing anything about it.”


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March 5, 2009 · Filed Under Uncategorized

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