Another excellent piece by Gretchen Mortgenson at the NYT...
http://community.nytimes.com/comments/www.nytimes.com/2009/12/24/business/24trading.html?sort=recommended&offset=10While this is going on there is a bill, introduced by the Florida Bankers ASSociation and sponsored by Sen. Michael Bennett (Fax 941-727-6349) called "Florida Consumer Protection and Homeowner Credit Rehabilitation Act". There is also a similar and unsponsored bill coming in the House. UNSPONSORED! How cowardly!
Whoever named the bill plays fast and loose with the English language. This is a wolf in sheep's clothing which would change Florida's status to Non-Judicial and enable pretender-lenders to remove your Homestead and foreclose without even telling the homeowner! More homelessness and more FRAUD!
These bills must be stopped!
I can't stop this alone.
http://www.foreclosurehamlet.orghttp://www.4closurefraud.org