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To: b9
Hubby just heard on the radio of a business which helps thwart foreclosures by having folks ‘trade’ mortgages. Seems to be working ~ WITHOUT government intervention.

That sounds interesting --- do you have any details? I thought that virtually all mortgages these days were not assumable, so I am curious how this "trading" might occur. I did a Google news search, but I didn't see any articles related to individuals trading mortgages.

30 posted on 01/31/2008 10:50:01 AM PST by snowsislander
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To: snowsislander
do you have any details?

Sorry ~ I do not.

The program was on KOGO here in San Diego yesterday, Wed Jan 30 between 5:00 and 6:00 AM (pacific time)

Just called KOGO and was told to contact the program director, Cliff Albert.
His voicemail said to email him, so here's the info:
cliffalbert@clearchannel.com

Good luck!

32 posted on 01/31/2008 11:14:10 AM PST by b9
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To: snowsislander

If you or yours are in a bind, talk to whoever has your loan. Many lenders are in negotiating mode and don’t really want foreclosures on their hands.


45 posted on 02/03/2008 3:18:59 PM PST by purpleraine
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