Stick it To The Banks, Survey Says

Stick it To The Banks, Survey Says

Destin, FL – June 1, 2011 – (RealEstateRama) — Americans want more from the U.S. Congress, according to a new independent survey and Congress needs to start by forcing banks to modify home mortgages for those at risk of foreclosure.

That’s the finding from a New Housing Predictor survey, which found that a large majority of respondents (62%) said that Congress should require banks and mortgage companies to modify home mortgages for homeowners in financial straits.

While the U.S. Congress debates issues related to financial reform and government regulators work out the details, about 12,000 Americans a day are being thrown out of their homes as a result of foreclosures. Get the full details on the opinion poll, catch up with real estate news and your housing market at Housing Predictor dot com.

Housing Predictor regularly surveys visitors to its site about important issues related to real estate to get a pulse on how consumers feel. Housing Predictor tracks more than 230 local housing markets in all 50 U.S. states, forecasts markets across the country and keeps visitors up to date on real estate news, local market conditions and mortgage rates.

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