Mr. Mortgage?

[CA renter]

Maybe lenders are holding off on foreclosures because Barney Frank threatened them (with regulation?? Ack!) if they didn’t “pause” foreclosures:

House Financial Services Committee Chairman Barney Frank (D-MA) waved a bit of a stick in the face of loan servicers, saying that “Servicers should put a pause in some foreclosures until they can wait to see exact details of this as it moves forward. If after this we continue to get very little participation by services, I can guarantee you that the servicer industry will look very different a year from now than they do today. If after everything we do in this cooperative way falls short, then you are going to see legislation that puts some very real restrictions on the role of servicers and give many more rights to the borrowers.”

http://www.mortgagenewsdaily.com/522008_FHA_Short_Pay_Loans.asp

[capeman]

He’s good people. He presents good data with hard to find data on bank loan standards and sometimes inventory. He sure puts his money where his mouth is when it comes to his bearish investment thesis. That guy’s got ballz!

[capeman]

He’s good people. He presents good data with hard to find data on bank loan standards and sometimes inventory. He sure puts his money where his mouth is when it comes to his bearish investment thesis. That guy’s got ballz!

[capeman]

He’s good people. He presents good data with hard to find data on bank loan standards and sometimes inventory. He sure puts his money where his mouth is when it comes to his bearish investment thesis. That guy’s got ballz!

[capeman]

He’s good people. He presents good data with hard to find data on bank loan standards and sometimes inventory. He sure puts his money where his mouth is when it comes to his bearish investment thesis. That guy’s got ballz!

[capeman]

He’s good people. He presents good data with hard to find data on bank loan standards and sometimes inventory. He sure puts his money where his mouth is when it comes to his bearish investment thesis. That guy’s got ballz!

[jpinpb]

I can only relate my experience on a particular property that caught my eye. Got a NOD in October 2007. Been for sale since last summer for a ridiculous price. 1844 Law in PB. Anyhoo, it was scheduled to go to foreclosure earlier this month I believe. Over 6 months to get this baby to NTS. It has not been relisted yet. You would think they’d get on the ball. The place is in pristine condition. It amazes me how they drag their feet.

Now this is just one particular property. How many more are there out there like this?

[jpinpb]

I can only relate my experience on a particular property that caught my eye. Got a NOD in October 2007. Been for sale since last summer for a ridiculous price. 1844 Law in PB. Anyhoo, it was scheduled to go to foreclosure earlier this month I believe. Over 6 months to get this baby to NTS. It has not been relisted yet. You would think they’d get on the ball. The place is in pristine condition. It amazes me how they drag their feet.

Now this is just one particular property. How many more are there out there like this?

[jpinpb]

I can only relate my experience on a particular property that caught my eye. Got a NOD in October 2007. Been for sale since last summer for a ridiculous price. 1844 Law in PB. Anyhoo, it was scheduled to go to foreclosure earlier this month I believe. Over 6 months to get this baby to NTS. It has not been relisted yet. You would think they’d get on the ball. The place is in pristine condition. It amazes me how they drag their feet.

Now this is just one particular property. How many more are there out there like this?

[jpinpb]

I can only relate my experience on a particular property that caught my eye. Got a NOD in October 2007. Been for sale since last summer for a ridiculous price. 1844 Law in PB. Anyhoo, it was scheduled to go to foreclosure earlier this month I believe. Over 6 months to get this baby to NTS. It has not been relisted yet. You would think they’d get on the ball. The place is in pristine condition. It amazes me how they drag their feet.

Now this is just one particular property. How many more are there out there like this?

[jpinpb]

I can only relate my experience on a particular property that caught my eye. Got a NOD in October 2007. Been for sale since last summer for a ridiculous price. 1844 Law in PB. Anyhoo, it was scheduled to go to foreclosure earlier this month I believe. Over 6 months to get this baby to NTS. It has not been relisted yet. You would think they’d get on the ball. The place is in pristine condition. It amazes me how they drag their feet.

Now this is just one particular property. How many more are there out there like this?

[Author]

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