mortgage meltdown loan modification eeas bailout: Ugh is it me, or does this Escrow Stink? - 09/29/08 01:58 AM
What Happens When We Only Have One Bank Left
Just a thought. Oh, I was also wondering Why Ben Bernanke  From the Federal Reserve decreased $125 billion capital last week for the reserve. Surely not to tighten things up and force a hand?
I'm not one for the conspiracy theories but ......
I mean really how did we come up with 700 billion and climbing in a week? Two guys ride into town and throw this deal on the table, cause a panic, and slam this down our throats.
In real estate we call that blockbusting and its illegal.
Surely we could of … (2 comments)

mortgage meltdown loan modification eeas bailout: EEAS "Emergency Economic Stabilization Act of 2008" AKA the BAILOUT - 09/29/08 01:09 AM
Short Sales may soon be a thing of the past. THe EEAS has placed emphasis on loan modifications.
I have posted a letter written to my local representative outlining the concerns. Please feel free to take this letter and send it forward to your congressman.
http://www.house.gov/apps/list/press/financialsvcs_dem/press092808.shtml
Honorable John  Porter,
Sir,
Thank you for your continuing efforts hard work and long hours. Not only with the EESA. Also your service to the Henderson community.
 I am hoping for this letter to be as visible as a beacon on the sea of financial turmoil we find ourselves in. I address these as a … (7 comments)

 

Chris Giddings

Henderson, NV

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Realty Executives of Nevada

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