Realtor lobbies Congress to help distressed homeowners

RANCHO SANTA FE — Prudential California Realty Broker Associate Polly Rogers recently traveled to Washington, D.C., to speak with a number of Congressional representatives about the challenges distressed homeowners are currently facing in working with the lending industry. Based out of Prudential’s Rancho Santa Fe office, Rogers is a 34-year industry veteran.
“I wanted to raise awareness about the lending industry’s lack of assistance to homeowners in relation to loan modifications, and their lack of accountability in the negotiation of many short sales,” Rogers said. “The hardships that consumers experience during the processing of loan modifications and short sales are a legitimate tragedy in our present economic reality. I feel it is my duty, as a broker who represents homeowners, to bring a greater awareness to the difficulties they are facing with the lending industry.”
Rogers met with congressional representatives from four states, had lunch with Sen. John Kyl of Arizona, and established new contacts with three local representatives, Brian Bilbray, Duncan Hunter and Darrel Issa. Since returning home, the “letters of experience” she shared with all of the representatives have resulted in follow-ups from Bilbray, Issa and Kyl.
“Instead of taking up a lot of time trying to explain my personal agenda, I felt it would be more powerful to provide ‘letters of experience’ from agents and homeowners who have been dealing with the inefficient handling of short sales and loan modifications,” Rogers said. “I provided everyone I met with a personalized folder full of these letters to encourage them to take this problem seriously. I am still requesting that agents and clients share their experiences with me, so I can continue to forward them to these representatives, as well as members of the House Financial Services Committee.”
Rogers specializes in the purchase and sale of residential real estate, homes, investment properties, and acreage throughout Coastal North County, La Jolla and Rancho Santa Fe.

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