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 »
"Stop trying to kill the American dream"
"How will passing this bill truly help those people in trouble? Vote no."
"I believe the original intent was good but the original senate bill would not only stifle free enterprise but create an unworkable bureaucracy of state appraisers, prosecutors and staff to verify and approve tens of thousands of real estate transactions."
"You people need to stay out of our industry, and focus on senate issues!!!"
"What happens if the market tanks tomorrow, who is going to protect us from having bought properties at 82\% and are losing money"
"We need less government intervention. We also need to keep the Banking industry for getting a stronger hold in the Real Estate Business. Banks and Mortage Lenders will forclose. If the financial insitutions get the property back then they will want to be "
"My husband and I have restored 4 homes in Rockford, IL. They were purchased rom HUD and banks. One was a foreclosure which we rent. The properties look terrific and are not the blight they were before we purchased them. The prices we paid were indeed fair"
