Ron Klein: “Thank you for laying out as you did. It's very easy to understand the way you just explain it. I will just mention…”

“Thank you for laying out as you did. It's very easy to understand the way you just explain it. I will just mention another item that we did pass last year as we saw this coming on. The question is what is Congress doing. What are we doing to help our neighbors and friends. This is a community issue. Sure, it's a national issue. But it boils down to what is happening in my community in Delray Beach and Boynton Beach and Lauderdale by the Sea and places that are close-knit communities and close-knit families that have lived together for a long time and they are seeing house after house after house with a sign that says Foreclosure, that notice on the door. It's not very troubling. It's not just that homeowner him or herself, it's the community that gets affected. It has a downward pressure on home values, which is what we want to avoid. Another thing that is very important that this Congress, the two gentlemen here and others supported, and we are all very proud to do this, it was a bill called the Mortgage Forgiveness Debt Relief Act. It did something which is very important. It prevents homeowners from facing a tax bill at the same time they are losing their homes.”