In this morning's edition of Rismedia, there is an excellent article, "Roundtable Releases Recommendations to Reinvigorate U.S. Housing Market." Whereas I applaud the five recommendations of the Round Table members and would like to see them enacted, neither the members, nor anyone else that I can see, it addressing the problems associated with Jumbo loans. Last week I previewed a home that was listed for $5 million dollars. This home was a potential short sale. Jumbo loans are a significant problem and need to be addressed. Just ask some homeowners in California and other high price realty areas.
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