The Housing Chronicles Blog: Now that we've got THE PLAN, who will help the sub-primers?

Thursday, December 6, 2007

Now that we've got THE PLAN, who will help the sub-primers?

Uh-oh. Looks like after all of the back-and-forth before President Bush announced his plan (and who benefits is not clear) to help *certain* sub-prime borrowers stay in their homes, there may not be enough counselors to help them out. Apparently most of these non-profit counseling centers don't really pay very well, so those potential experts who really know the mortgage business wouldn't be interested in the gig (although after reading reports of former loan brokers working in retail shops, who knows?).

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