Real estate blog entries tagged with mitigation by Cornerstone Realty Partners

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Home : Blogs : Frank Rizzo : Frank Rizzo's Blog : Tag "mitigation"

mitigation: Project Lifeline - 02/13/08 09:06 PM

I know that lenders have just agreed for a 30 day freeze on foreclosures. Sounds nice.
The real issue is the responsive of the lenders and their servicers to what is happening on the ground. If it helps one family out and enables them to work out with their lender an opportunity to stay in their home, then I am all for it.
The bigger issue is that many lenders are either so overwhelmed, or because the servicers are so removed, they are unaware to real values and issues pertaining to the properties they are involved in. Case in point, one 2 … (2 comments)

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Frank Rizzo

Staten Island, NY

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