The NAR has been an effective political action lobbyist for many years. It seems it is time for the investor/ buyer community to unit and create a community to retain and support lobbyist of our own so our voices are heard in State and Federal lobby forums to communicate and protect our interest as a key component to the economic recovery and survival of the real estate market in the United States.

We need to engage our congressmen and senators and educate them on the consistent errors in judgement and performance that continue to be made in areas of licencing, contracting, and business process is at risk of being damages before it can really establish market traction. The Investor Buyer Community is a fragmented market which needs to change and strong leaders need to surface to fight the battles that lie ahead for our loan disposition industry to answer the promise of prosperity for us as buyers owners.

The Loan Servicers in this country and the Investors (who own these non performing loans) on Wall Street created this dilemma still continue to profit from insider knowledge and practices from large scale MBS workout practices. We need actionable control over large amounts of unregulated mortgage backed securities that are traded and resold ever day at the Homeowners settlement peril and as an effective alternative Short Sale workout strategy for Wall Street profiteering to continue.

One of the key issues is how these investors are participating in the purchase of non-performing MBS at significant discounts and reworking the debt or taking the properties back through aggressive foreclosure actions and then reselling the properties again in the open market at a SIGNIFICANT profit which is most cases in UNDISCLOSED and with little if any seasoning issues that we face in some cases on short sale settlements.

Another big risk factor with huge ramificants in the outcome of the new HAFA guidelines that went into effect earlier this month. If HAFA results are even marginally more effective in some of the other programs implemented by the government over the last year the market could be in for another BIG Market value correction when HAFA failures and additional REO assets hit the market then what concerning Market Stabilization? We are facing conditions in the market that raise more questions and concerns that will no doubt start popping up when HAFA deals don't close (based on seller involvement to satisfy liens) and people start to wake up to the fact that they now have to deal with the reality that now they need to turn their homes over to the Bank (reducing the bank cost) which after all was not really a sound solution designed to help the distressed homeowner that number in the Millions?

Our Legislators’ need our professional isight, leadership, criticism and solution statement to turn around this housing dilemma but sound bites and poorly thought out solutions coming from just one side of the table will exacerbate market turnaround more than it will return the marketplace to good HEALTH? What are you doing today to contribute to the Solutions in Your Market?