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.
Related posts:
- Home Affordable Modification Program This is the site for information for mortgage servicers for...
- Second Mortgages And Short Sales in Michigan My first video post, click here (Click here if you want...
- Can I Get A Mortgage Modification From Chase? That is certainly what they want you to believe! Chase...
- What Is Michigan’s New Foreclosure Law? Michigan’s new foreclosure law, link to my post on...
- Mortgage Fraud, Michigan 5th in 2008 According to the official FBI report on Mortgage Fraud for...
Related posts brought to you by Yet Another Related Posts Plugin.
