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Oakland's messed up forclosure plan


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2012 Oct 10, 6:34am   1,838 views  3 comments

by fil   ➕follow (0)   💰tip   ignore  

http://www.sfgate.com/business/article/Oakland-aims-to-prevent-foreclosures-3930281.php

Has anyone seen this? Ideas like this really make me mad. Can't time the market? Government will time it for you!!

Manuel De Paz may benefit from a new foreclosure prevention program that Oakland is starting to help underwater homeowners. Photo: Sarah Rice, Special To The Chronicle / SF Manuel De Paz may benefit from a new foreclosure prevention program...

#housing

Comments 1 - 3 of 3        Search these comments

1   fil   2012 Oct 11, 8:49am  

They got the homes because they were willing to overpay and the banks made the loans to key that happen. Let them short sell.

2   EBGuy   2012 Oct 11, 9:23am  

Refi with BofA in 2007 -- never a good sign.

3   PockyClipsNow   2012 Oct 11, 9:26am  

This is all bullish for house prices.

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