What is a short sale? Very simply, a short sale is when a mortgage lender agrees to accept less than the total amount of money they are owed on a piece of property in order to facilitate the sale of that property. This is done when the owners
Rep. Maxine Waters in Fight to Save Housing Programs
March 17, 2011 by
“Whose side are you on?” is a question Congresswoman Maxine Waters (D-Calif.) is asking a Republican-lead U.S. Congress that today voted to end the Neighborhood Stabilization Program (NSP), a government-sponsored initiative that would purchase and redevelop foreclosed and abandoned homes. The homeowners, Congresswoman Waters argues, are not suddenly all better, no longer needing government programs
