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Support, criticism for plan to rewrite mortgage-loan terms

By
Real Estate Agent with RE/MAX Premier Group SL3116482/SL3020723

FEDERAL AID

Democrats want to include a provision in the federal bailout that would allow bankruptcy judges to change the mortgage loan terms of homeowners facing bankruptcy. Currently, bankruptcy judges can modify terms of all other types of loans but not mortgages. Bankers say the change would raise rates for everyone.

Read the full story:

http://www.floridarealtors.org/NewsAndEvents/n2-092608.cfm

Posted by

Nick & Cindy Davis

The Tampa Bay Real Estate Warriors
REMAX Premier Group
2719 SR 56
Wesley Chapel FL 33544 
813-300-7116 Direct
NickandCindyDavis@TampaHomesSold.com 
www.TampaHomesSold.com