[quote=Nor-LA-SD-guy]
I know of several O.C. investors with large numbers of short sales pending (bought near to the top of the market and rented) that would love to take advantage of this somehow.
For some reason the Banks are still working with these guy’s , hard to figure.
[/quote]
This wont assist them. I have a feeling this will only address a first home, and not “investment houses”. They may be able to save one, but not all of them.