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 »
"DO NOT PASS SB2349. THIS BILL WILL DESTROY THE ILLINOIS BANKING INDUSTRY AND PUT A TREMENDOUS NUMBER OF FORECLOSED HOMEOWNERS IN THE CREDIT STATUS OF ""NO CREDIT FOR 5 TO 7 YEARS"" BECAUSE OF A FORECLOSURE ON THEIR CREDIT HISTORY. THEY WON'T BE USING CRED"
"I have seen many folks lose their homes because they did not know how to talk to their lender's loss mitigation department. Since I don't charge people a fee to help them save their home, I can't devote a lot of time and effort towards helping them. If I "
"This bill will put me out of business and put homeowners on the street."
"this bill penalizes honest investors."
"If this bill is passed, thousands will suffer. It would be another tragic case of politics working against the people instead of for the people. To investors in the Chicago area, we have a host of buyers. Feel free to email me with any properties you may "
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"Please rethink 2349"
"this is unfair to honest investors"
"This bill will hurt homeowners"
"Vote NO on the act! Instead enforce the existing laws."
"Reason for Bill is noble, some provisions may be dangerous."
