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Home Equity Theft Prevention Act Seriously Hurt Homeowners In Foreclosure By Scaring Away Investors – The Law Of Unintended Consequences
In the current foreclosure crisis, I am reminded of this article regarding the Home Equity Theft Prevention Act. I knew the New York Legislature had good intentions but they very badly hurt the people they were trying to protect. Most investors have been hesitant to buy property as part of a foreclosure bailout because of […]
Home Equity Theft Prevention Act Seriously Hurt Homeowners In Foreclosure By Scaring Away Investors – The Law Of Unintended Consequences
/in Foreclosure & Loan Mod Blog /by Scott LaninIn the current foreclosure crisis, I am reminded of this article regarding the Home Equity Theft Prevention Act. I knew the New York Legislature had good intentions but they very badly hurt the people they were trying to protect. Most investors have been hesitant to buy property as part of a foreclosure bailout because of […]
More Foreclosures Than Ever Before
/in Foreclosure & Loan Mod Blog /by Scott LaninMSNBC.com is reporting that the first quarter of 2008 set a record for the number of foreclosures. Here is the link.