B of A Parallel Foreclosure CONFESSION

Tuesday, May 25, 2010

Reps. Grijalva and Kaptur Introduce Legislation to Allow Homeowners Facing Foreclosure to Remain as Renters



May I suggest that homeowners who are not upside down be allowed to apply their built up equity towards the rent, and that a running tab be kept on the difference between renting and getting caught up on the payments so the homeowner has five years to come up with the difference if they so desire.

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