Feldman Law Center – The New York Times gets it About Half Right
Feldman Law Center – A new New York Times editorial shows that the Obama honeymoon may end as the stagnant economy continues to eliminate jobs and a tidal wave of foreclosures is growing every month. By May foreclosure notifications reached one million with estimates for the whole of 2009 will enter the two. 4 million. The foreclosure issue, as large as it is right now, could easily exceed the current year-end estimates of losses of jobs stay at their current rate of over 600 000 per month. As it stands, 15. Four homes are currently under water with the mortgage balances that exceed home values. In addition, 5. 4 million homes are currently delinquent or in some stage in the foreclosure process. The New York Times notes that, “The Obama administration needs to step up their efforts to help middle class – or the financial crisis will have no end in sight.” The Times suggests a two Part solution to the foreclosure crisis, the First, financial incentives to stem the loss of jobs, an argument is obvious merits. Their second proposal concludes that “ Feldman Law Center was founded to negotiate loan modifications for their clients. These have two main objectives, to reduce the monthly installment to a level of affordability for homeowners and to either avoid or stop foreclosure proceedings. The mission of The Feldman Law Center is to provide the highest levels of professional service while achieving the best results for each loan modification we are negotiating on behalf of the families we represent.