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Loan Modification
: Mortgage Lender Implode-o-MeterThanks, Hank
By Implode-Explode Heavy Industries
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"As the Washington noise machine spins up around Fannie and Freddie now that the Dodd-Frank financial reform bill is behind them, policy makers should take careful note. The housing economy remains in the dumps. House prices are stubbornly refusing to rise. Foreclosures continue at a torrid pace. The Administration's loan modification program, Making Home Affordable, is generally regarded as a failure. "Full post as published by Mortgage Lender Implode-o-Meter on August 01, 2010 (boomark / email).
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