In the wake of Bank of America and PNC deciding to join other banks in suspending foreclosures, the President got what he had been striving for. He had been trying to implement his "Foceclosure Bailout Plan." He also just sent a bill back to Congress for more work that would have made it harder for homeowners to challenge foreclosures.
Apparently this is all part of his income redistribution plan as people who can't afford their homes are allowed to live in them rent free and maybe get partial or total debt forgiveness in the process.
This certainly helps the mortgage industry, real estate sales, employment, and the economy.
We need some people in Congress with business experience instead of all these attorneys that we have now.
Remember this in 24 days when you vote.
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Steve Hoffacker - Consultant, Coach, Author, Blogger, Photographer, Motivator, Teacher, & Strategist - for Realtors, Real Estate Sales Professionals, Home Builders, New Home Salespeople, Entrepreneurs, Small Business Owners, and Independent Sales Representatives.
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