You’ll Shoot Your Eye Out
I double dog 
dare you. I triple dog dare you! No, you can’t have a loan modification with a compass in the stock! You’ll shoot your eye out.
It’s not much of a Christmas story for our neighbors that lose their homes on the Sandpoint foreclosures list this year.
DARE (Distressed Asset Roundtable and Exchange) met in the big apple to continue giving lip service to foreclosure alternatives.
Short sales (where people in Sandpoint foreclosures get the short end of the stick), refinancing (available only to those who do not need it) and modifications (as in behavior modification – they take sane people and make you crazy).
We have seen more than a few mortgages that were bundled and sold to Ocwen Financial Corporation. They may be able to help families associated with Sandpoint foreclosures.
They actually met with 30 grassroots and national housing advocates in Washington D.C. yesterday to collaborate on foreclosure prevention.
It sounds like their matrix of actions will benefit people who are on the Sandpoint foreclosures list. This is welcome news since most servicers speak to us in a way that sounds like their tongue is stuck to the tetherball pole. 
Sandpoint foreclosures will continue to expand until unemployment is under control, banks loan small businesses capital, and home loans stop becoming the stuff of myths.
