Administration Officials Reject Idea of National Foreclosure Moratorium

Real Estate Agent with Brentwood Real Estate, Short Sales, Foreclosures, HAFA BRE# 01446530

As most of you are probably aware of the news about the nationwide moratorium on foreclosures and the sale of foreclosed homes BofA has imposed after it came under intense pressure from a government-run housing-finance giant worried about documentation problems resulted mainly from robo signers, employees who sign hundreds of documents a day, without carefully reviewing their contents. A day later DS News said the idea of a national moratorium was rejected. If you ask me the housing recovery process is taking one step forward then 2 steps back.



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John Giggy, Realtor & Foreclosure Specialist
Keller Williams Realty

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