This just in: CNBC is reporting that ALL mortgage companies participating in the HOPE NOW ALLIANCE have agreed to a 30-day delay on foreclosures. Isn’t that just dandy.
This is amazing. First, is the absence of the term “Servicer” and second, just what is a borrower facing foreclosure supposed to do when he or she hears this news?
Oh, and more good news – Castro has resigned! Damn, life is sure good!