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Loan Modification

: Loan Modification & Home Loan News

Should the Treasury Get Into the Loan Modification Business?

By Moe Bedard

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Here?s an idea being pushed by John Taylor, chief executive of the National Community Reinvestment Coalition, which represents local organizations that promote affordable housing and community development. Mr. Taylor wants the U.S. Treasury to buy large numbers of troubled mortgages at a discount to face value and then ease the terms to make them affordable [...]

Full post as published by Loan Modification & Home Loan News on January 12, 2010 (boomark / email).

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