Thursday, February 19, 2009 2009 Home Stimulus Needs ResponseCategories:Arizona Market Trends,Arizona Real Estate,Arizona Real Estate Blog,Arizona Real Estate.Lending,Buyers,Economy and Real Estate,Lenders,Short Sales,Tiffany Cloud
Providing Incentives for the bank to modify loans with troubled borrowers is all good and well if the banks can respond.
The reality is that banks have been living with the necessity to deal more efficiently and effectively with the short sales and foreclosures for years and have not responded. The phone is ringing and ringing and ringing......will the banks pick up?
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