Editor’s Notes: It is already well -established that write-down of principal is the only sane thing to do in these circumstances. De Marco standing as head of of the GSE’s refuses to consider that and even refuses to push for modifications, preferring foreclosures instead. Foreclosures are what is killing the economy, destroying lives and providing […]

Tags: appraisal fraud, De Marco, Obama, principal reduction, Romney
Posted in bubble, Corruption, Eviction, securities fraud |