The criminals who run the banks have paid their Lobbiest to bribe Congress and FannieMae into making the short sale investor look like a thief trying to steal homeowner's equity along with the bank's loan proceeds. Of course, we know that without our help, these homeowners are going to go into foreclosure... which is what the banks want anyway. So, they have won another victory over the homeowners they are kicking into the street.
By January 1st, 2010, there will be a list of new laws going into effect and the authority to enforce them will be there too. It's my opinion that the same authorities will be making examples of short sale investors even though the laws don't really apply to short sale investors.
The criminals who run the banks have paid their Lobbiest to bribe Congress and FannieMae into making the short sale investor look like a thief trying to steal homeowner's equity along with the bank's loan proceeds. Of course, we know that without our help, these homeowners are going to go into foreclosure... which is what the banks want anyway. So, they have won another victory over the homeowners they are kicking into the street.
By January 1st, 2010, there will be a list of new laws going into effect and the authority to enforce them will be there too. It's my opinion that the same authorities will be making examples of short sale investors even though the laws don't really apply to short sale investors.
Larry Potter
http://homesellerassist.blogspot.com/