Quiz Camp Day 2: Solutions

For our second day of Quiz Camp we went over the possible solutions to our problem focused on the vast and increasing number of residential foreclosures in Winter Park.  Some of the solutions we came up with are as follows:

– decreasing interest rates

– mortgage companies should take more care in checking their clients background/credit history

– EDUCATE THE CONSUMER

Educational Loan Programs

* high school, college, courses offered by the bank

* GenEd requirement?

Design 99

*public art project

purchase homes for under $1,000

– HAMP

*Gov. Program

*Lower mortgage payments

*owners pay no more than 31% of their monthly income

WHAT WE (Rollins Students) CAN DO

create a charitable organization that purchases and refurbishes foreclosed homes

– fundraisers, posters, blogging

– raise awareness through the media – facebook, twitter, flickr

-we created a twitter account, please follow us! @4closurecliq

Advertisements

March 6, 2010. Uncategorized.

Leave a Comment

Be the first to comment!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback URI

%d bloggers like this: