I've done some googling and it appears that what this letter constitutes is the beginning of "Administrative Process."

It can be done and is common in commercial, but not residential.My leases have an administrative fee.

, they'd be horrified at the powers the government usurped 8 years ago...And if our current administration would follow-through on their promise to get rid of it (which they don't seem to want to do) we'd all be much safer from our government.

The Consumer Financial Protection Administration is a regulatory arm that will be looking at all financial transactions that may deal with real estate to include personap property or mobile homes.

I'm not necessarily against Wall Street; however, it seems that the Obama Administration is interested in having large investment funds buy at auction and in bulk Fannie Mae, Freddie Mac and FHA foreclosures.

Started in the Carter administration and ended late in the Reagan administration.

Most agree, although the administration continues to spin it as a success, that the Making Home Affordable program has been less than optimum.

I would check out the Federal Housing Finance Administration's website: http://fhfa.gov/ They have papers on these topics.

When I opened my account several years ago, they were hands down the least expensive administrator for my investment style.

Because I need to build my multiplex portfolio and I want to administrate some big project.