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Loan Modification

: Loan Modification & Home Loan News

Housing Finance Needs U.S. Backstop, Executives Tell Lawmakers

By Moe Bedard

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Congress must preserve some form of U.S. guarantee on mortgages to attract private capital to the housing-finance system and stabilize a market recovering from the credit crisis, industry executives told lawmakers. Private capital must play a bigger role in housing finance as policy makers replace the current system, which is dependent on guarantees from government-backed [...]

Full post as published by Loan Modification & Home Loan News on September 30, 2010 (boomark / email).

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