The Federal Housing Administration is on the brink of the next big government bailout. Potentially. Yet Commissioner Carol Galante insists there is strength ahead.
The National Association of Realtors said its spending is not explained by its need to pack a bigger punch on the national level. Instead, NAR is focusing its efforts on state and local advocacy.
Why not help the creditworthy homeowner by using some of the recent attorneys general mortgage servicing settlement funds to pay the difference between market value and unpaid balance for those borrowers who wish to move?
