Oppenheim Law

House Flippers Getting Mortgage Relief? Obama Expands HAMP

Blog post   •   Mar 07, 2012 16:25 EST

Homes need to be occupied.

That is the bottom line.

Today’s housing market needs a dramatic overhaul and it’s been long overdue for a fix. So we don’t have the time to be contemplating moral hazards anymore.

So I’m OK with President Obama extending mortgage assistance to owners of multiple homes.

Read the rest of our commentary at South Florida Law Blog.