ADVERTISEMENT

Home -> Law Blog Directory -> Loan Modification Blogs -> Mortgage Lender Implode-o-Meter

OR PHONE (866) 635-1838 for Bankruptcy Help, (866) 635-6190 for Divorce,
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense

Find a Local Lawyer

Bankruptcy (866) 635-1838
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402

Loan Modification

: Mortgage Lender Implode-o-Meter

Levitin Addresses Elephant in the Room: Regulators Don?t Want to Fix the Foreclosure Crisis

By Implode-Explode Heavy Industries

ADVERTISEMENTS

``Levitin said, essentially, ?The federal regulators don?t want to get info from servicers, because then they?d have to do something about it.? They don?t want to recognize the scope of the problem because it would require them to act. And Levitin in particular singled out the Treasury Department. ?The prime directive coming out of Treasury is ?protect the banks? and don?t force them to recognize their losses.? That says it in a nutshell, and it was said in open testimony in Congress.''

Full post as published by Mortgage Lender Implode-o-Meter on November 18, 2010 (boomark / email).

Related Law Articles

How to Stop Home Foreclosure
Bankruptcy can Stop Foreclosure

Lawsuits and Settlements

Cressi Scuba Regulators Recalled Due to Risk of Drowning
Scuba Regulators Recalled Due to Risk of Drowning

GMAC Faces Class Action over Foreclosure Abuses
GMAC Faces Foreclosure Abuses Class Action

Operating Room Fires
Hundreds Injured During Surgery, New Report Shows

Bank of America Faces Class Action over Mortgage Foreclosure Practices
Bank of America Faces Class Action over Mortgage Foreclosure Practices

Class Action Filed Against Banks in Foreclosure Proceedings
Class Action Filed Against Banks in Foreclosure Proceedings

Locker Room Hazing
School district to pay $567,500 settlement in harassment lawsuit.

Related Searches

US Law

#1 Online Legal Resource

Ask Legal Questions

US Law Directory

Class Action Lawsuits

Celebrity Justice

OJ Simpson

VIDEO: NYPD rendering first aid to Empire State Building shooter
On 08-25 at 15:46PM

Acute perpendicular parking #NYPD #NYFD
On 08-18 at 22:18PM

Parallel parking gone bad. Too much gas UES NYC
On 08-18 at 21:41PM

UES NYC
On 08-18 at 21:25PM

Twitter suspends journalist critical of broadcast partner's coverage on dubious grounds @guyadams #nbcfail #twitterfail
On 07-30 at 17:57PM

Model example of 1st Amendment suppression by the People of New York City's Michael Bloomberg #OWS #NYPD
On 07-12 at 21:07PM

AG Holder lackadaisical on Operation in our Sites domain name seizures & RIAA lobbied free speech suppression @dajaz1
On 06-08 at 22:44PM

Why is the Catholic Church going to court over Obama contraception policy? @NewYorker commentary
On 05-31 at 10:08AM

Monks sue Louisiana for right to sell caskets made from forrest destroyed by Katrina
On 05-31 at 07:47AM

Are the abortion ultrasound laws headed for the Supreme Court?
On 05-15 at 21:52PM

FOLLOW USLaw.com ON TWITTER

Custom Legal Documents

Your Blog Subscriptions Subscribe to blogs

10,000+ Law Job Listings
Lawyer . Police . Paralegal . Etc

Earn a law-related degree

Are you the author of this blog? Adding USLaw.com to your Blogroll increases relevance. You qualify to display a USLaw Network badge.

Suggest changes to this blog's description or nominate another for inclusion. Register for updates.

Is there really an elephant -- or, at least, THAT elephant -- in the room

Levitin & Wachter on the U.S. Mortgage Crisis

Elephant in the Room

Levitin and Wachter on Information Failure and the U.S. Mortgage Crisis

Fed, Bernanke Detail Response to Foreclosure Crisis

Levitin on Modification of Mortgages in Bankruptcy

0.0131 secs (new cache)