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Published on Apr 28, 2011
Attorney Carl E. Person explains how a single church or a group of churches, or all of the churches in the U.S., can stop unwarranted foreclosures and resolve the mortgage foreclosure crisis for their members. Person, who defends foreclosure actions, and sues banks for wrongful foreclosures, states that the federal, state and local governments are doing virtually nothing to help financially-troubled homeowners, and a fix to this problem is for the nation's churches to perform this vital government function which governments are refusing to perform. Person explains how groups of churches are similar to government, and how one or more churches can, by subsidizing loan modification agreements for their members, and by suing banks unwilling to enter into reasonable loan modification agreements, encourage banks to grant reasonable loan modification agreements for deserving church members.