Posted on 05/13/2011 7:02:48 PM PDT by Chunga85
PHOENIX -- An amendment would have helped people in foreclosure get the information many say they deserve, but at the last minute, a lawmaker decided to drop it.
The timing behind his move has CBS 5 News asking tough questions.
* Video: Lawmaker Gets Huge Loan Modification
The amendment was dropped just days after Rep. Carl Seel got a major modification on his home loan.
Coincidence?
We talked to both sides on this one, so you can decide.
"People are losing their houses left and right that shouldn't be losing their houses," said Darrell Blomberg.
Blomberg is a Realtor and lobbyist who wanted to craft a bill that held big banks accountable in foreclosures.
At the same time, Rep. Carl Seel was facing foreclosure himself.
So when Blomberg approached Seel to help, Seel said yes.
The two agreed to add an amendment to Senate Bill 1474, a bill about landlord-tenant relations.
"Came time for the amendment to be put up and Mr. Seel was not on the floor of the House," Blomberg said.
Rewind to about a week earlier.
Seel had submitted paperwork to modify his home loan.
"Low and behold, two or three days later he pops up with a principal reduction loan modification taking over $100,000 off his loan," said Blomberg.
Seel got more than 50 percent slashed off the principal of his mortgage.
Two days later, he's a no-show on the House floor.
(Excerpt) Read more at kpho.com ...
No party affiliation mentioned hence a Democrat.
Calls to his office go directly to voice mail.
A true servant of the people.
http://www.foreclosurehamlet.org/profiles/blogs/az-rep-carl-seel-drops
AZ Rep. Carl Seel Drops Amendment 2 Days After Servicer Grants 56% Principal Reduction
Posted by S on May 5, 2011 at 1:54pm
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From what I have read he is a birther (not a derogatory term)
And this happened shortly after he visited with Donald Trump.
I don’t trust Trump, but he did bring some heat on Obozo.
Not sure what all this means, but if it helps expose Obozo I am for it.
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