Real estate blog entries tagged with senator warner by William J. Archambault, Jr. (The Real Estate Investment Institute )

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senator warner: We Must Protect... - 12/10/13 05:45 AM

Politicians and their minions of bureaucrats have long since given up serving the public instead they rule in the name of protection! They are at it again! Attacking home owners in blitz creed described as "mortgage reform!"
In an e-mail today "Short Sale Expediters" reported on the to "protect the first lain holder’s LTV" requiring the first lain holder’s benevolent permission to take out a second mortgage!
Don’t these fools know that the first lain holder’s LTV doesn’t change if indeed they are the first lain holder? Or are they blinded by the smoke they’re hiding behind?
Since this would have … (6 comments)

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