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Loan Modification

: The Truth About Mortgage.com

HUD Chief Says Blanket Foreclosure Moratorium Would Hurt Home Prices

By scot184

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HUD Secretary Shaun Donovan expressed in an op-ed Sunday that ?no one should lose their home as a result of a bank mistake,? but warned a blanket foreclosure moratorium would have unintended consequences. He said the Obama Administration supports ?voluntary moratoria,? and that banks and mortgage lenders must follow the law and fix what is wrong, [...]

Full post as published by The Truth About Mortgage.com on October 18, 2010 (boomark / email).

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