Bank of America is being Sued for Mortgage Fraud

http://bottomline.nbcnews.com/_news/2012/10/24/14671246-us-sues-bofa-over-alleged-mortgage-fraud?lite
The mortgage mess that we have experienced for the past several years is a large tangled web. The big players are still not done pointing the fingers of blame. It is hard to blame them when the stakes are so high.

Regardless of who takes the blame or how everything shakes out it would nice to imagine an open and free market for home loans. When the government is involved it causes people to do crazy things.

It is brilliant business as a bank to collect fees for loans you make and to then off load 100% of the risk onto the government. The problem is the government is poorly suited to ascertain risk. The government ends up owning or guaranteeing loans that no rational competitive business would get involved in The system also encourages creativity to get the government to take on more and more risk. That creativity as we have seen often can lead to fraud.

Get the government out and you will have more people paying attention because it is their money that is at risk.

New: Norwalk, CT Testimonial

Another testimonial of Jason's success:

"Jason deployed techniques that deviate from typical realtor practices, but his results were outstanding and we are very happy with the final outcome."

New Stamford, CT Short Sale Testimonial

"Jason is the utmost professional. I was very impressed how painless he made the whole process - communication was constant - he made sure that I always knew where we were in the process and why things were happening. With his knowledge of the industry, the process and being able to cut through the paperwork and get things done. Well....the closing was today... Thank you, Jason" - Sylvia

Milligan Realty gets quoted in the New York Times

When the New York Times needs information about short sales which expert do they turn to in CT...? The same company that distressed property owners have been trusting for years, Milligan Realty.com.

New York Times

"Still, borrowers ought not rush into a short sale decision solely because of the tax issue, said Jason Milligan, the owner of Milligan Realty, in Norwalk, Conn. They should look into whether it applies to their situation, and consider their options ..."

Read the full article: End Is Nigh for Certain Tax Exemptions

Norwalk CT Short Sale Testimonial

Here is another one of Jason Milligan's satisfied short sale clients.

"Jason did an excellent job helping me through my short sale. I was forced to transfer to the west coast during the recession of 2008-2009. I tried to rent my house out which was a money loosing ordeal from the start and turned into a nightmare when my renter went bad and stopped paying. With Jason and his staff's help, a buyer was found, a deal was made with my mortgage company, and the deal closed last month. Although I've never met Jason face to face, I consider him to be more than a realtor, I consider him to be a friend that helped me through a difficult period in my life, and I feel like I am now on the road to recovery." George Norwalk CT 

To read more testimonials click here

Fairfield County CT Short Sale Testimonials Video for Jason Milligan of Milligan Realty

See what so many satisfied short sale clients have to say about their experience with Milligan Realty.

Definition of a short sale.

I though this video was a very simple straight forward explanation of what a short sale is and how it works. Of defining a short sale is the easy part. Actually executing a short sale requires hire a great team to help.



If you have any questions about your unique situation visit http://www.applyshortsale.com/. You will get straight answers to all of your questions.