Tuesday, March 31, 2009

Foreclosure Update

Good evening everyone,

Rather late right now so I will make it quick. Word has it that Obama's mortgage bailout plan is starting to affect the speed of foreclosures hitting the market. Notice a slowdown in foreclosures coming on the market? Our foreclosure insiders are saying that since Obama's plan, many properties that were in the queue to be foreclosed upon are being removed from the queue. Is a workout in the works for them? Only time will tell... And this ain't no April Fool's! Reporting from the Front Lines, over.

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