A new brilliant plan by the FDIC- pay people who are 90 days behind
20K to leave their homes. Pay for 1K for them to financial counseling.
Yes I’m being sarcastic.
Then the house will be vacant so they have to pay an asset manager to
secure it, take care of it and get it ready for sale. Also vacant
homes are great targets for copper thieves and vandalism. Why not just
streamline the short sale process or do a principle reduction and rate
REFI for borrowers?
Read more here:
Barry Bevis, Broker/Realtor