KENDALL REALTY ADVISORS LLC

KENDALL REALTY ADVISORS LLC
EVANSTON - CHICAGO - ORLANDO - PORTLAND, OR

Wednesday, April 18, 2012

#GOP FHA NEWS #MITT #ROMNEY on Housing Let it run its course and hit the bottom before he announce he would close FHA

Thanks to the BANKS AND INVESTMENT BANKS meltdown HOME VALUES TO DECLINED 25%
Now Mitt wants to close FHA the only Hospital, Apartment and Nursing Home Lender of any size for new construction and refinance that is not under receivership
 Dumb it will cause another 15% decline in home values IMHO

Mitt Romney Talks With Florida Foreclosure Victims – Arthur Delaney – … It’s the first time Romney’s talked foreclosures since he told the Las Vegas Review-Journal that the only thing the government should do is get out of the way. "Don’t try to stop the foreclosure process. Let it run its course and hit the bottom," Romney said last October. "Allow investors to buy homes, put renters in them, fix the homes up and let it turn around and come back up. … The Obama administration has slow walked the foreclosure process … that has long existed and as a result we still have a foreclosure overhang." Romney stuck to that message as homeowners told him of their struggles

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