Allowing a party to enter into a SUB2 transaction, leads to a 80% possibility of being subjected to thousands of dollars of fees for an attorney to defend themselves either infront of the bar or worse, the fed.

Have to hang on for a bit to get state & fed tax credits for rehabbing this qualifying historic house.

Grass and a lot of the landscaping is dead.

Would this run afoul of the Feds?

The chairwomen of a federal regulator said that many of the 2/28 loans started with rates that were above the Fed rate.

Neither the banks nor the Feds want to see a fire sale for houses.

Unless, of course, the grass was already 3 feet tall when you left!

Nevertheless, I find it very troublesome the feds can push to modify existing, legal contracts because one of the partys is having problems.

But he backs his truck over the grass to the front door, fills it with firewood and other crap and gets it stuck up to the axle.I show up, see the truck, call a wrecker and my co-worker.

Rates are looking decent with many dropping before the anticipated 50 bps fed cut.