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Loan Modification

: Loan Modification & Home Loan News

Citi Thanks the Fed?s for Knocking Bankers Heads

By Moe Bedard

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There was a nice moment in today’s House hearing on reasons lenders aren’t more readily reducing principal as a part of loan modifications (despite evidence that principal reduction has the most shot of keeping homeowners current on their mortgage payments). CitiMortgage CEO Sanjiv Das basically thanked the government for inserting itself into the debate. “The [...]

Full post as published by Loan Modification & Home Loan News on April 14, 2010 (boomark / email).

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