Pam Marron Home Lending

Letter to Senate Banking Committee Regarding Necessity of Credit Code for Past Short Sellers

Date: Dec. 17, 2012

TO:  Senate Banking Committee members

cc: Consumer Financial Protection Bureau

 

I believe there is a major issue regarding credit reporting that is severely affecting the mortgage and housing industries.  This issue needs to be addressed in your Dec. 19 hearing, and I have serious concerns that it will not be. 

 My name is Pam Marron, and as a mortgage loan originator working in Tampa Bay, Florida for 27 years, I have seen the good and bad of the housing industry through several cycles.  For the past two years, I have tried to help underwater homeowners stay in their homes with HARP refinances and past short sellers re-enter the housing market with a new mortgage. I have proof of a major problem with the way the credit reporting industry documents short sales that I would like to present to you… 

Thanks to  the office of U.S. Senator Bill Nelson (D-FL) for helping me to get this to Dec. 19th meeting…

Marron Senate memo.final.PDF.12.17.12

 

 

December 28, 2012 by · Leave a Comment

About Pam

Since 1985 as a loan originator, highly experienced with automated loan approvals on DU, LP, and with USDA GUS systems, thorough knowledge and use of FHA loans including 203K rehab, conventional loans including USDA, Homepath and rehab, and VA loans. After 27 years, I STILL love this business!

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