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

Loan Modification

: Mortgage Lender Implode-o-Meter

Sen. Whitehouse Questions Expose a Kinder, Gentler and possibly more Frightened Tim Geithner

By Implode-Explode Heavy Industries

``But then he said something that caused me to pause? he said that Congress has not given Treasury the tools, and that one of those tools is the power to compel the servicers to act or change. He explains that all he can do is provide incentives and, assuming that any incentive would do it, what?s been offered clearly hasn?t been enough to ?overwhelm the muck,? as he surprisingly said.''

Full post as published by Mortgage Lender Implode-o-Meter on February 20, 2011 (boomark / email).