Foreclosure Moratorium

Foreclosure Moratorium, Robo-Signer Fiasco Should Be Resolved Soon.
The White House, yielding to common sense, opposes a national moratorium on foreclosure sales on the grounds that it would harm the housing market.
David Axelrod

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  • That is good news. Now if our Attorney General here in Florida will have the same common sense. If so, we can take a breath and hopefully the banks can do the right thing (stop initiating new foreclosures for a month or two and focus on "pending" foreclosures)........... and stop holding up closings on homes that have already been foreclosed on as that helps nobody.
  • Sorry, but this mess is far from being resolved. It's a much larger issue then any of us can imagine. This may take months if not years to correct.
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