http://www.bankaholic.com/finance/why-anti-foreclosure-programs-fail-part-1/ Blogging about personal finance, foreclosures, mortgages, interest rates, and budgeting. Wed, 18 Nov 2009 03:45:46 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://www.bankaholic.com/finance/why-anti-foreclosure-programs-fail-part-1/comment-page-1/#comment-25797 Kathy Stiner Mon, 29 Jun 2009 16:45:19 +0000 http://www.bankaholic.com/finance/?p=825#comment-25797 I am a Real Estate Agent. I have been working on a short sale since March 4, 2009. Etrade is the investor on this loan. In the beginning etrade would have realized $13K. If they are protecting your investment then they are doing a very poor job of it because you can't get an answer from them on the status of an acceptance or denial. etrade is the second lien holder which means if the first lien holder forecloses (and it is getting very close to that stage) etrade looses all of your invested dollars. I am a Real Estate Agent. I have been working on a short sale since March 4, 2009. Etrade is the investor on this loan. In the beginning etrade would have realized $13K. If they are protecting your investment then they are doing a very poor job of it because you can’t get an answer from them on the status of an acceptance or denial. etrade is the second lien holder which means if the first lien holder forecloses (and it is getting very close to that stage) etrade looses all of your invested dollars.

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