hud: Still more we need to do. Letter to my Congress Person - 01/13/09 01:41 AM
Dear Ms. Norton-
     In all the talk of Tarp funds and Stimulus Packages related to housing there is a missing element.   We need a special short term loan program addressing those who are struggling and underwater. The program should be designed to allow these people to refinance the full loan value at the current reduced  interest rates regardless of the appraised value of their property.  By simply reducing the rates many homeowners could stay in their homes without clogging the courts with bankruptcy proceedings.   The program should be designed to help prevent people from walking away from homes adding to the … (0 comments)

hud: Putting a Stop to Foreclosures is Not Enough. - 11/25/08 10:28 AM
               While I am pleased to see the Fed is finally focused on the foreclosure crisis, however we can no longer hope to successfully address the problem without simultaneously, stimulating existing home sales.  Without absorbing the excess inventory the crisis will slow but continue to deepen.
                 Clearly the $7500 Tax Credit (technically, an interest free loan) enacted by Congress earlier this year, was all but ignored and with good reason.  Sidelined borrowers have been waiting for housing values to drop further, and so far they have been right.  If we want to stabilize plummeting housing prices the best way to … (0 comments)

Amy Fisher (Realty Group Inc.)

Amy Fisher

Washington, DC

More about me…

Realty Group Inc.

Address: 427 13th St. NE, Washington, DC, 20002

Office: (202) 544-8762

Mobile: (202) 288-9436



RSS 2.0 Feed for this blog