What a Great idea to Stop programs that Don't Deliver Bang for the Buck

From DS News:




<http://dsnews.us1.list-manage.com/track/click?u=59816bad6939d5a7dd87e45a5&i
d=195a31d43d&e=ebe71b748c
> Four Federal Foreclosure Mitigation Programs on
the Chopping Block


Rep. Spencer Bachus, chairman of the House Financial Services Committee,
announced this week that he has scheduled a subcommittee hearing and full
committee markup of four bills that will terminate what he says are "failed
and ineffective housing foreclosure programs." On the chopping block are the
Home Affordable Modification Program (HAMP), HUD's Neighborhood
Stabilization Program, the Federal Housing Administration (FHA) Short Refi
Program, and the Emergency Homeowner Relief Fund passed under the Dodd-Frank
Act.
<http://dsnews.us1.list-manage.com/track/click?u=59816bad6939d5a7dd87e45a5&i
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> > Read More

-sunil


SUNIL SETHI REAL ESTATE

Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive)
38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536
<http://www.sunilsethi.com/> www.sunilsethi.com

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