http://www.biggerpockets.com/renewsblog/2009/06/26/housing-law-breed-cat/ Learn, Network, Invest Sat, 11 Feb 2012 01:23:53 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.biggerpockets.com/renewsblog/2009/06/26/housing-law-breed-cat/#comment-66611 FutureRob Thu, 02 Jul 2009 06:20:23 +0000 http://www.biggerpockets.com/renewsblog/?p=5742#comment-66611 That is an apparent flaw. I would "hope" the good faith measure in the existing rules would be applicable in that instance. Hope doesn't get you many places, though. That is an apparent flaw. I would “hope” the good faith measure in the existing rules would be applicable in that instance. Hope doesn’t get you many places, though.

]]> http://www.biggerpockets.com/renewsblog/2009/06/26/housing-law-breed-cat/#comment-66501 Richard Warren Fri, 26 Jun 2009 17:18:22 +0000 http://www.biggerpockets.com/renewsblog/?p=5742#comment-66501 One major flaw is that while lenders are required to send a representative, there is no requirement that the representative have any power to act. This is more window dressing that will probably accomplish nothing except giving delinquent borrowers false hope. One major flaw is that while lenders are required to send a representative, there is no requirement that the representative have any power to act. This is more window dressing that will probably accomplish nothing except giving delinquent borrowers false hope.

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