Wednesday, December 12, 2012

Dumb program

"With the opportunity coming to a close for more than 4 million struggling homeowners to apply for free and independent reviews of the foreclosure actions against them, it’s time to push back the December 31 deadline.

So far, of the more than 4.4 million homeowners who are potentially eligible for no-cost, third-party reviews under the Independent Foreclosure Review program, only about 260,000 cases are being processed.

The program, which covers foreclosures initiated, pending or completed during 2009 or 2010 has helped less than 6 percent of all those who are potentially eligible"

This is because they made the parameters, or box, so small very few can fit in.  The other part is they are trying to move on and not wallow in what has already happened--dumb program.

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