Evidently, in that bill that President Obama signed on Wednesday of this week, the Omnibus Appropriations Act, there was something of great importance to all of us who are in real estate.
Today the details for the “Making Home Affordable” plan came out. The problem with the plan is that it depends on banks…
Continue reading about Can We Depend on Banks to do the Right Thing?
On one of our local news sites I found an article about unemployment benefits and banks that raised my blood pressure.
President Obama just announced his plan to help homeowners, the “Homeowner Affordability and Stability Plan.” … The help to homeowners comes mostly in encouraging lenders to refinance mortgages with lower rates. This makes good sense to me.
Looks like one more day before the ARRA bill is signed. … On Wednesday President Obama is supposed to announce a plan to help struggling homeowners …There is some talk going on now about the need to “Nationalize” our banks
