Ammend Bill 2349 - Mortgage Rescue Fraud Act
Illinois lawmakers have introduced a Bill 2349, called the Mortgage Rescue Fraud Act; if not amended threatens to kill a families hope to a second chance. Lawmakers have weighed their decisions heavil... continue reading »
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"This bill as written WILL CHASE LEGITIMATE BUYERS OUT OF THE REAL ESTATE MARKET. With or without the assistance of an attorney or broker, this law places well-intentioned Purchaser at undue risk, both criminal and contractual. Please consider narrowing th"
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"This bill unnecessarily intrudes on the freedom of individuals to contract and bargain as they see fit."
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"PLEASE KILL OR MODIFY. This bill hurts the industry greatly!!"
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"Most people in distress don't have any equity! So why should the state dictate what amount a homeowner can sell their home? You will only limit their options!"
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"This Act as written has nothing to do with protecting consumers against Mortgage Fraud. That lies with the mortgage brokers etc. You are trying to protect consumers from unscrouplous real estate investors who will always be there."
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"enforce existing laws, do not pass unfair new laws"
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"DO NOT PASS!"
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"please don't pass this bill, it truly eliminates choice."
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