mortgages

Mon 5.03.10| Short Sales, Welfare Travails

Edelman & Ehrenreich, "What Really Happened to Welfare" The Nation

Peter Edelman, "The Worst Thing Bill Clinton Has Done" Atlantic Monthly

Many distressed homeowners, spurred on by certain real estate agents and without clear disclosures from their lenders, are looking to do short sales. Bill Purdy discusses short sale perils and, more broadly, borrowers' rights. Also, Peter Edelman highlights the unavailability and inadequacy of badly-needed assistance for poor people.

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