Barack Obama has been sworn in today as the nation’s 44th president. This President has the eyes of our Nation upon him! With the economy tanking, unemployment rising we need a plan. According to this new administration, they have a good start. It sounds good, but the proof will be in the numbers…foreclosures…unemployment…Really making it possible for homeowners to keep their homes on favorable loan modifications, not just a band-aid for a limited amount of time.
One of Obama’s hot topics is focused on changing bankruptcy code to allow Bankruptcy Judges to forgive mortgage principal. This is of particular interest to me, unfortunately I lost a home to foreclosure due to a powerless judge that sat at the bench. His words to me “The President of The United States has not granted me the power to do that yet” Words that changed my life nearly two years ago….
