The White House is stepping up pressure on lenders or servicers to help stem the tide of foreclosures. Although the Obama administration has issued guidelines and programs since early this year, main street is finding no help when calling lenders to modify their loan. The White House has come up with a new plan....publish a list of servicers who are not doing enough. Now that ought to do the trick right?

If shame was a determent then banks would not be giving out huge bonuses. Those banks were publicized and guess what? Banks are on track to give out record bonuses again this year! Why? Because Wall Street was bailed out and is has gone up over 35%! All this while main street has suffered the consequences of the risky investments of the banks.

That's the solution? SHAME???? What about penalties on the banks who took our tax money? Or strings attached to them using it to help main street? Does any of this occur to those better educated than me? What about threatening their tax reductions? They went to Ivy League schools and the best they come up with is....Shame the Servicer/Lender? Everyone knows that money talks.

Come on....who exactly is coming up with ideas? You may need some help with alternatives to foreclosure because this new IDEA is not going to work. Visit www.ishortsaleaz.com to see how we can help you navigate a possible loan modification, short sale or foreclosure.