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foreclosure prevention: Underwater Mortgages and Negative Equity is in FULL BLOOM - 10/12/10 06:15 AM
The latest foreclosure debacle by BofA, GMAC, JPMorgan and PNC will, IMHO, most undoubtedly be joined by Wells Fargo, Citi and even Fannie & Freddie. To that point it is our belief that a meaningful and useful solution to the negative equity in residential real estate is one major component that the administration and the treasure refused to address. To add fuel to this fire, is it not interesting that the latest "hot dog" bill from Barney Frank and Chris Dodd (Dodd-Frank Wall Street Reform and Consumer Protection Act) specifically signals out and distances itself from helping folks in the hardest
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foreclosure prevention: Mortgage fixes - Useless as Feathers on a Lizard! - 07/11/10 07:25 PM
Dear Congressmen, Congresswomen and Senators, For nearly ¼ of a century, my wife and I have been REALTORS®. We have been with Coldwell Banker Residential Brokerage in Phoenix, Arizona well over a decade. We have processed over 130 successful short sale approvals. A growing part of our short sale clientele is comprised of good folks who have been placed in very bad and difficult positions, through either job loss, health issue or job relocations. Many would love to keep their homes. Congress has failed to move fast enough to help the growing population of short sale sellers. There is NO reason
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G-II Varrato II
Luke AFB,
AZ
More about me
Coldwell Banker Residential Brokerage
Office Phone: (623) 344-4000
Cell Phone: (602) 796-5674
Email Me
My BLOG is published to help contribute mine and my wife, Lori Klindera, knowledge and experience of the industry, unusual transactions, and other industry related articles. We are REALTORS for over two decades, practicing first in Florida and now for the past decade plus, in The Valley of The Sun, Phoenix Arizona.
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