CMBA Responds to Latest ForeclosureRadar Release on KNX Los Angeles

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Uploaded by on Apr 15, 2009

CMBA Communications Director Dustin Hobbs talks with KNX 1070's Frank Mottek about the latest ForeclosureRadar release and what struggling homeowners can do to avoid foreclosure.

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  • Counselors are worthless since the are powerless to make decision about the loans. They just have no control over the loans. Banks are the only ones who can really help but they dont want to.

    In some cases it is better for them to foreclose rather than modify their loans.

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