I signed a petition encouraging him to take the bold step of replacing Edward DeMarco, acting head of the Federal Housing Finance Agency, with someone who'll do the right thing for the economy and the 12 million families who are in danger of losing their home.
Fannie should allow principal reductions on ALL homeowners who are underwater both current and delinquent.
Why do the banks send you a letter decling a loan modification and then go on to offer for you to short sale it for market value to someone else instead of giving you a loan modification at market value?
WE THE PEOPLE ask President Obama to replace Ed Demarco
Ed DeMarco must go !
Please sign & forward:
http://www.gopetition.com/petitions/allow-principal-reductions-replace-ed-demarco.html
