1. 4 for FREEDOM Overview -- Nationally
Importance of Housing
American history has shown that housing is the major factor in driving our nation’s
economy. There have been 14 recessions since the Great Depression. In each of those
recessions the U.S. economy did not recover until housing recovered. This simple fact is
evidence that housing drives the economy. We must fix housing to restore the U.S.
Economy.
Housing contributes to GDP in two basic ways: through private residential investment
and consumption spending on housing services. Historically, residential investment has
averaged roughly 5% of GDP while housing services have averaged between 12% and
13% for a combined 17% to 18% of GDP.
The American economy needs a two-part mortgage program to immediately correct the
continuing economic crisis facing our nation. The first is a solid 4% Home Purchase
mortgage (for home buyers) to stimulate home sales, particularly in the mid to high tier
housing markets which remain stagnant. The second is a 4% Mortgage Payment
Modification program (for existing homeowners) which will reduce the monthly
mortgage payments of existing mortgages, acting as a “tax cut” to stimulate spending and
therefore the economy.
The Program:
Ken Parker is the founder of a national mortgage program known as 4 for FREEDOM
(formerly known as 4-40 For FREEDOM). It has been in existence for over five years,
receiving support from the Business Community and individuals locally and nationally.
When fully executed, the 4 for FREEDOM program will consist of three parts:
1. FREEDOM Home-purchase Mortgage for homebuyers, which is managed and
funded by the Freedom Funding Company.
2. The 4 for Freedom Foundation, a 501(c)3 organization dedicated to supporting
charitable programs and activities, which is funded by net income proceeds from
the Freedom Funding Company.
3. A “4% Mortgage Payment Modification” /congressional Bill program for
existing homeowners – which acts like an economic stimulating “tax cut” and is a
separate program.
The FREEDOM Home-purchase Mortgage program has unique funding guidelines
that include a lending limit of $2.5 million per mortgage that is privately funded without
any government involvement. It is the only U.S. home-purchase mortgage with a 4%
fixed annual interest rate that is not FICO score driven but based on an applicant’s

2. debt/income ratio. All borrowers will be required to waive their anti-deficiency rights
with the Freedom Funding Company in states where it is applicable.
Freedom Funding Company is responsible for securing necessary investor funds to
purchase the mortgage paper created by lending sources that originate the FREEDOM
Home-purchase Mortgage product.
This privately funded program also has unique funding guidelines. It is tailored for both
homebuyers and existing homeowners who own their primary residence debt free and
wish to purchase another home. This unique program has gained widespread support
from the real estate community both locally and nationally.
The funding company will purchase upwards of 100% of the mortgage paper. Income
will be derived from a 1% funding fee on the total loan amount. The funding company’s
mission is threefold:
 To provide a fair and affordable lending protocol for Americans to purchase their
homes. These Americans may have good income and debt equity ratios but their
credit scores have been hurt by the down turn in the economy.
 To help America fix its distressed mid to upper tier housing market
 To donate its net proceeds to charitable initiatives
The total net income proceeds for mortgages that are funded will flow into the 4 For
Freedom Foundation, which is a 501(c) 3 organization dedicated to charitable activities.
4 For Freedom Foundation A significant portion of the profits derived from the
FREEDOM Home-purchase Mortgage program will fund the Foundation. The 4 For
Freedom Foundation’s mission is to assist other nonprofit organizations that provide
programs and assistance which positively impact American youth, help feed/clothe the
needy, and promote American values of equality, faith, patriotism and individual
responsibility. It will be a separate organization with its own Officers and Board of
Directors.
The 4% “Mortgage Payment Modification”/Congressional Bill will allow all
American citizens the opportunity to modify their existing primary home mortgage
payment to a 4% Mortgage Payment Modification without changing their existing lender
or other terms. By reducing monthly mortgage payments, it will create “trickle-up-
economics” that will stimulate the entire economy by decreasing unemployment, prevent
more bank owned real estate foreclosures, stabilize the housing market, increase all forms
of tax revenues, and help increase the American household budget. The savings for our
nation will create a huge multiplier to immediately stimulate economic growth and to

3. start paying down our national debt. The Bill also provides for all investor income earned
by the Freedom Funding Company to be tax-free. Additional provisions include the
need for a balanced budget. This program is currently on hold until the Freedom Home-
purchase Mortgage program is fully funded.
The draft Bill follows:
Be it enacted by the Senate and House of Representatives of the United States of
America in congress assembled,
SECTION 1. SHORT TITLE.
This Bill may be cited as the “4 For Freedom Act of 2014”
The Bill stresses the importance of housing: (Seidman Research Institute, W.P. Carey
School of Business, Arizona State University) find the single largest category of
expenditure by households in the U.S. is housing. Annual expenditures on housing by
homeowners with a mortgage represent 35.3 percent of all expenditures with upwards of
an additional 15% of income spent in the marketplace by U.S. households on related
items for their home.
Some of the benefits for an existing homeowner include increased available monthly
capital to be used for investment purposes or spent on goods and services, which will
spur economic growth every month. Additionally, the bill will help prevent pending
foreclosures (due to current refinancing mortgage guidelines and decreased homeowner
property values). This will create more economic security.
The Benefits to the U.S. Economy from “Trickle-up-Economics” are huge:
a. It is estimated conservatively that $210-$350+ billion will flow back into the
U.S economy in the first year due to the multiplier effect of “trickle-up-
economics.” (Seidman Research Institute, W.P. Carey School of Business,
Arizona State University. May of 2009) The economy is immediately
stimulated due to huge amounts of available capital. Money will be
systematically reinvested each month through homeowner purchases within
the marketplace. This event would be similar to a “seasonal shopping
experience” as consumers spend and invest their monthly mortgage savings.
b. Property values stabilize and support stronger numbers as housing demands
increase. The housing market improves and our nation’s economy grows.
c. Banking problems will be diminished as non-performing assets are turned
into performing assets. This will immediately heal balance sheets, reduce
bank-owned real estate and dramatically decrease new foreclosures.
d. As the job market strengthens with more people working, more goods and
services will be sold and consumed. The federal government and city and

4. state governments will have increased funding for their budgets, helping the
overall U.S. economy with more capital.
e. As the housing market improves and the nation’s economy grows, the
commercial real estate sector will turn around. Commercial real estate will
improve due to increased demand. Historically, a housing market
improvement leads to a rebound in commercial property.
f. Welfare costs will decline across the board as the job market strengthens.
g. Business feeds off of business. As the job market strengthens, we will have
tremendous job creation in all sectors of the economy due to trickle-up-
economics.
Note: Benefits to the US Government from “Trickle-up-Economics:”
(a.)The federal government’s refund back to the tax payers for mortgage
interest deductions will be lower as a result of an overall lower
national interest rate which will increase federal tax revenues. It is
estimated that the amount of money saved by the government is
upwards of 20% of the total cost for the program each year.
(b.)Tax revenues will increase across the board. As the job market
strengthens with more people working, more goods and services will
be sold and consumed. The federal government and city and state
governments will have increased funding for their budgets.
(c.)Job creation will occur at a rapid pace.
(d.)The U.S. Federal Government will save on expenses incurred in social
services like unemployment and welfare. Most importantly, the
billions of dollars in losses to Fannie Mae and Freddie Mac will be
eliminated.