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Short Sales predicted to rise by 50%. Federal and mortgage industry officials search ways to get distressed homeowners out of their homes without forcing a messy and expensive foreclosure. Experts discuss how to profitably seize the vast upside ? ...Continued

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Monday, April 26, 2010

Let's assist distressed owners, small business
By INMAN NEWS The Obama administration is gathering public opinion on how to improve the housing finance system, including the operations of Fannie Mae and Freddie Mac and the federal government's role in the system. The Treasury Department released questions last week seeking comment from the public, and Inman News asked real estate professionals to weigh in on some of these questions. More »

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Premium Members "At some point, the federal government needs to move into a debt-insuring role and no longer be the main provider of financing for housing. The market needs to be able to support itself regardless of what that means to the economy." --Judson Voss

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