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Huge Majority Want Banks to Take Hit

Destin, FL - November 8, 2011 - (RealEstateRama) -- An over-whelming majority of those surveyed want banks to be forced to modify mortgages to aid the ailing U.S. economy and help homeowners at risk of foreclosure. That’s the finding of a just released poll which asked respondents whether banks should take the hit for errors they made handing out loans to anyone who could sign their name on the bottom line.

Recent Gov & Nonprofit Real Estate Press Releases

Young, Colleagues Introduce Legislation to Repeal Burdensome Federal Housing Mandates

U.S. Senator Todd Young (R-Ind.) joined a group of Republican colleagues inintroducing legislation to eliminate expensive Biden-era Green New Deal housing mandates. The HOUSE Act would repeal the Department of Housing and Urban Development (HUD) and U.S. Department of Agriculture (USDA) Final Determination on energy efficiency standards for new construction of HUD-and-USDA-financed housing.