Monday, February 27, 2012

Short Sale Czar

Dear Mr. President,

We are at a sad point in our nation’s history where the confidence of the American people has reached an all-time low. They have lost faith in the decision makers and those that control the industrial sector. Money and media influence the views and the fears of the American people. They lack the hope and faith that any kind of real change can be achieved in the United States. The ideal of “for the people by the people” is no longer the status quo; it is how much can be spent to make it a reality.

I hold no real political association, I am at last check a registered republican, but I have not been involved in the voting process in quite some time. I too, like many, do not believe my voice can be heard above the din of the dollar and the influence of those who can wield it with laser perfection. Influencing the media can influence the perception, history has proved that you can buy influence and the current influence that is being peddled by many is simply fear.

I am just a speck in the populous; however I have decided to take up a voice for those who need it. The homeowners, brokers and would be investors have all been seeking and working for solutions to the housing crisis and I have taken up their voice of concern. I want to give them back hope with a solution that will help millions of people and ultimately create a ripple effect within the fabric of the economy. We all know that we verge on yet another dip into a second recession and possibly depression, forcing millions more out of jobs, homes and the ability to feed their families. It is rather bleak as we all hold our breath for the next shoe to drop. The question is how do we stabilize the housing situation, inject investment dollars and instill faith in the average homeowner?

I have a possible solution, while a bit extreme and adventurous politically, will help millions of your constituency and change the balance back to the people. I would recommend installing me, Lee Honish, as the Czar of Short Sales. Politically combining the forces of the national association of realtors, the mortgage brokers association and the national association of consumer advocates and in turn creating a cohesive process that millions could use to find an appropriate educated solution to the current housing crisis.

While admittedly I am a former head loss Mitigator for IndyMac bank and career asset manager, I have seen what and how the banks do what they do and certainly what they plan. By continually allowing the banking industry to lobby and change laws to their benefit, they have actually decreased the amount of money they could be collecting. I do not begrudge a single banking entity for the right to collect on their assets. I do, however believe they have gotten greedier and greedier in their collection attempts. Their next move will be to seek long-term collections on deficiencies for outstanding balances by selling bundles of promissory notes and deficiencies to investors for long-term collections. Homeowners will be hounded night and day to settle and pay on debt they thought was settled. With the current administration’s control of Freddie Mac and Fannie Mae, the finger will be pointed back at the White House, when in fact it was the banking industry squeezing yet another dollar from an already bled out homeowner.

People assumed wine and roses and that their decisions today wouldn’t affect tomorrow or perhaps that is the prosperity and hope of ordinary Americans. As someone who has felt the literal pulse of homeowners through the collecting of assets for the banking industry I know that collections are built on fear and intimidation of a threat. The American people cannot comprehend that they signed contracts and that they owe money, that somehow and in some way they would be bailed out of their distress. We see that this holiday season with sales being at record lows. It is more important to feed and shelter your family than to buy gifts on credit for tomorrow.

A cohesive educational and systematic process is what is needed. Combining the savviest members of each group to create a system for one person to repair what has already been done. It will take a voice of someone to stand and speak for the millions that need help. Allowing someone like me that chance to make this happen because I am the “every man” who is also just as tired of the current process, debate, fighting and ridiculous apathy of those who have money and control. Things could easily be changed by a lone voice for impossible things. It is ultimately the platform you ran your presidency on. Change can occur today and not tomorrow, the bloated forces of banking have not finished dining on the American pocket book. Nor will they because in all honesty, the American people did sign a contract and the banks are very much entitled to their due process. It is however the collateral damage they are creating in their wake of grabbing dollars.

I would ask for a moment of your time, as bold as it may be to meet face to face and discuss a direction to make this all happen today and not tomorrow. It is a chance for you to make a real difference today with someone that absolutely nobody would expect to represent that change, a former career bank asset manager. I believe the banks are entitled to money, I however do not believe them to be entitled to their sheer greed.

I wait for your response to my admittedly bold idea and request; however I do not expect the response, but let me point out politically how amazing this could be for you and the American people. For the Office of the President to believe and support a single American with a dream for tomorrow, to support a Native American republican former bank employee to help millions and millions, why it has the potential to be a true United States climate change.

Thank you for any consideration you may give this, or possibly the aide who is currently reading this. I will continue to educate and help who and what I can to make a difference. It was your appointment that did give me hope that anything and everything is possible. I too want to be in the impossible business and make real fundamental changes in real estate and banking.

Sincerely,

Lee Honish
Future Czar of Short Sales

MY GOAL IS TO HELP YOU!

Take advantage of the generosity of my mastermind/coaching group who asked me to reopen the program to help and educate the market.

SEND ME AN EMAIL IF YOU HAVE QUESTIONS:

www.honish.com for more information from Lee Honish or email me at lee.honish@yahoo.com

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