Friday, October 1, 2010

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Watch video by clicking link below CARDOZA has 30 members of  Congress with growing support to fix the foreclosure problem. Simplify the process and stablize the market.  For the average taxpayer wanting to stay in home and make payments instead of encouraging them to default. Addressing the "underwater" situation. 
"Oct. 1 (Bloomberg) -- U.S. Representative Dennis Cardoza, a Democrat from California, talks about his push to streamline mortgage refinancing requirements and cut borrower fees for Fannie Mae and Freddie Mac loans. He talks with Margaret Brennan on Bloomberg Television's "InBusiness." (Source: Bloomberg) (Bloomberg)"

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