Looking over FL 501.1377 it sure seems to me that by saying noone except primary mortgagee, can bring default current and continue making payments that this throws sub 2 out. Am I missing something?

Legislation was rammed through Congress so fast that watchdog groups had little time to examine the bill.

Whom does he propose we put on the task--a group of florists and orthodontists?

Any legislation that exists...California having the only one that I am aware of that defines rent skimming and was probably put into place due to pressure from the lending industry...i am sure is directed at the big fish who have huge multi family units who stop paying their mortgage and keep collecting rents...the money was originally lent to these people based on the projected rental income.

Like I posted earlier, its purpose is designed to be similar to that of the RTC we worked with back in the day.On page 6, Title 1, Sec.101,(a)(1), you can read exactly what TARP is engineered, or proposed to, do.

I think some may feel as if the article in the proposed bill pertaining to principal reduction loan mods will actually put an end to much of the short sale demand.

It may already be too late for that, time will tell.White House spokesman, Tony Fratto, had this to say: "This legislation is to fix a problem in our financial markets.

It seems that potentially there could be an HOA meltdown in Florida without some legislative action.

As a country, we've borrowed our way into a pretty big hole, and now the government proposes borrowing our way out of it.

Well, they can.By putting Bird Dogs to work for you there's more time for you to concentrate your energies on more profitable activities: negotiating with sellers, putting together winning proposals, and moving on to the next deal.