Require the director of the Rural Housing Service mortgage program to refinance all subsidized mortgages so that the subsidized payment on interest can capture the current low interest rates in the housing market. The government's subsidy will be lower for many mortgages because of the current low interest rates in the housing market..
The paperwork to work with each agency is almost prohibitive, along with staff from each one not wanting to deal with it as well. Particularly when it comes to recycling.
If they all consolidated their... more »