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Daniel Gershburg, Esq.

"Real Estate Attorney"
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Agent at Daniel Gershburg, Esq., P.C.
Experience:
President for Daniel Gershburg Esq., P.C. January 1950—present
A law firm dedicated to ending lawyer jokes by offering extremely reasonable prices and…
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About:
A New York Real Estate Attorney who is sick of lawyer jokes, I pride myself on working with each client as an equal. I also hate when people don't call ... show more
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"Not only did I have a great experience with Daniel's services, I am very excited to recommend him to anyone who is buying an apartment in the city. He ... show more
Daniel Gershburg, Esq. answered:
I have unequivocaly stated that this has very little if anything to do with LadyRose. I dont know how many times I have to say it. The biggest problem with FHA is NOT a cosignor requirement. The biggest problem with FHA loans is that the requirements and creditworthiness or more lax and the downpayment required is only 3.5%, which is one of the reasons that the FHA is running out of money and the delinquency rates surrounding FHA's are soaring.

I'm not making this up here. http://www.nytimes.com/2009/10/09/business/09fha.html Thats the NY Times. http://online.wsj.com/article/SB121400275096293203.html?mod=… Thats the Wall Street Journal. http://www.calculatedriskblog.com/2009/10/more-on-problems-a… Thats the Calculated Risk Blog.

No one is writing her off but please at least be cognizant of the above. In no articles do they even mention this co-signor issue - Wed Oct 28 2009, 18:29

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