Hi from Colorado I am real estate broker for all summit County and Park County, Breckenridge, Keystone, Frisco, Silverthorne, Copper Mountain real estate
This makes no sense. How could the government after spending so much money still allow the problem to perpetuate itself.
They must lift the $417,000 limit and allow people with decent credit score to re-finance. This will free up new money for the decent credit consumers who have been kept in a vise economically.
Banks need to Be Smart, and take proactive action to help themselve and the consumers. The people patience is qucikly running out...
