The government is encouraging short sales with, of course, more cash to mortgage companies, with the Making Home Affordable program, as explained in a Washington Post story by Renae Merle.
Not to sound like a broken record, but what the government should do is reform Chapter 13 bankruptcy law to allow judicial mortgage modification, and stay out of the mortgage market it messed up to begin with.
Click here if you want to order a FREE copy of my book, The Consumer’s Guide to Defending Foreclosure.
Copyright secured by Digiprove © 2011 Kurt O'KeefePopularity: 1% [?]
If you enjoyed this post, make sure you subscribe to my RSS feed!
No related posts.
Related posts brought to you by Yet Another Related Posts Plugin.
[...] Judicial Mortgage Modification [...]