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March 02, 2009 | | Comments 0 | Filed Under: DailyForeclosureGovernmentNewsWall StreetWorldYour Home-Your Future Radio

How Can We Can Avoid Home Foreclosures

I believe that in the current housing and economic environment (with declining home values nationwide) it never makes economic sense for a Bank/Servicer to foreclosure on an owner occupied home. As a result, I believe we can successfully and rightfully place a temporary nationwide foreclosure moratorium on homes occupied by cooperative owners/borrowers.

For full article, clisk on this link:

http://www.intent.com/blog/2009/02/26/why-it-never-makes-business-sense-bank-foreclosure-owner-occupied-home

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