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Bailout/Rescue Plan Not Likely To Have Any Direct Immediate Impact On Financially Troubled Homeowners
The National Association of Bankruptcy Consumer Attorneys (NACBA) has reviewed the Wall Street bailout and said that “the final package fails to put in place any new meaningful measures to help hundreds of thousands of American families struggling to stay in their homes.” Apparently, the banking industry blocked attempts to include provisions that would have […]
McCain Shocker – Proposes To Have Government Buy Mortgages And Modify Them
/in Foreclosure & Loan Mod Blog /by Scott LaninDid I hear Senator McCain correctly at the last debate? I think he is now proposing for the first time to have the government buy up $300 million in bad mortgage loans and rewrite them/modify them based on the current decreased market value. I doubt that this will happen but it did seem like a […]
Bailout/Rescue Plan Not Likely To Have Any Direct Immediate Impact On Financially Troubled Homeowners
/in Foreclosure & Loan Mod Blog /by Scott LaninThe National Association of Bankruptcy Consumer Attorneys (NACBA) has reviewed the Wall Street bailout and said that “the final package fails to put in place any new meaningful measures to help hundreds of thousands of American families struggling to stay in their homes.” Apparently, the banking industry blocked attempts to include provisions that would have […]