The time for action is now before the fight starts. You want to be the one who is put at the bottom of the stack — not on top.
*Neil F Garfield, MBA, JD, 73, is a Florida licensed trial attorney since 1977. He has received multiple academic and achievement awards in business and law. He is a former investment banker, securities broker, securities analyst, and financial analyst.*
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Filed under: foreclosure |
This guy is WRONG – Forbearance means you are in default – whether or not foreclosure is halted. The reason they can easily do this is because internally – you are always in default, and that is whether or not you are paying. ESPECIALLY with PLMBS who can choose to do whatever they want. Forbearance just justifies the already internal declared default recorded status.
The bigger question becomes, who is really granting any forbearance?? We know who. And, sure you won’t hear about it at any Dem or Rep national convention. Nothing so far.
Neil is correct — let us get it right this time. Wasted too many years of cover-up. .