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Loan Modification

: Mortgage Lender Implode-o-Meter

Housing Finance Reform: A Plan to Create a Plan

By Implode-Explode Heavy Industries

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"The joint Treasury/HUD report to Congress released this month was a major disappointment to market participants looking for a timely resolution to the status of the GSEs and the future of housing finance. While the white paper claims to lay out ?the Administration?s plan to reform America?s housing finance market,? it unfortunately amounts to a set of poorly defined policy options that will likely require years to codify and implement. Moreover, its core assumptions are unrealistic and ultimately border on wishful thinking."

Full post as published by Mortgage Lender Implode-o-Meter on February 28, 2011 (boomark / email).

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