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Loan Modification

: Loan Modification & Home Loan News

How Obama Whiffed on Foreclosure Reform

By Moe Bedard

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Atrios on the Obama administration’s weak response to the recession: I’m sympathetic to the argument that a bigger stimulus couldn’t have gotten through Congress. So what did they do wrong? They failed to actively support judicial bankruptcy for primary residence first mortgages (aka cramdown) and they totally screwed up HAMP. The latter was entirely under [...]

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

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