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will the 25 billion settlement between the obama administration and the big banks actually help distressed homeowners: Will the $25 Billion Settlement between the Obama Administration and the Big Banks actually Help Distressed Homeowners? - 02/12/12 09:31 PM
Will the $25 Billion Settlement between the Obama Administration and the Big Banks actually Help Distressed Homeowners?In  a recent opinion piece, entitled  "A foreclosure deal worth taking," the Los Angeles ecourages the California Attorney General Kamala Harris to sign on to a $25 Billion deal reached between the Obama Administration and the 5 Big Banks.  The big question is whether or not this is pre-mature?According to the artcle, "Consumer advocates have been lobbying against the deal since late last year, arguing that the damage wrought by lenders was far larger than the amount the banks had offered to settle the claims against them. … (6 comments)

 
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C. Lloyd McKenzie, MBA - ALLSTAR REALTY -- Your Home Sold in 59 Days or Less...

Albuquerque, NM

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Albuquerque and Rio Rancho, New Mexico are among the most stable real estate markets in the United States. This has caught the attention of the national media. As such, it is incumbent on local Realtors to provide information about our cities for those interested in investing, relocating, or visiting. My goal with this blog is to highlight issues or topics in real estate, and where appropriate apply them to the local markets.


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