Delaying foreclosure process, smart or not so much?

Rep. Maxine Waters, D-Calif. wants to pass a bill that will end up
delaying the foreclosure process Truth be told, I am not a huge fan
of Rep Waters. In fact, if you look back on her political history,
a whole lot of what got us in trouble last time can be laid at her
feet. Now she wants to make it harder to work through foreclosures
that relate to FHA. Of course, you can bet she will try to have
that apply to Fanny and Freddie as well - which accounts for the
vast majority of loans out there. This could be a really bad thing
and we will chat about its likely effects. Plus, we cover some of
the latest news relating to home prices, bidding wars and how half
the markets out there are going nuts!   HELP THE SHOW
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