HAFA Lobbied By Banks

[Account Closed]

HAFA was most likely heavily lobbied by the banks to have the politicians sign off on this. As stated earlier it's another excuse for the banks to harm the homeowners and make more money be getting the home back quicker throught the deed in lieu foreclosure.

Here is a Msnbc’s Dylan Ratigan piece that is an indictment that the politicians are in bed with the banks.
http://www.msnbc.msn.com/id/32450072/vp/36233217#36233217

If I was a politican and I was getting paid $355 million dollars in campaign contributions then I wonder what kind of legislation I would pass regardless of the interests of the American Citizen.

I would educate all of the misinformed realtors and homeowners of the harm that HAFA will do to the homeowners and that they should just stick with doing regular short sales with good real estate investors.

David H.