Housing Counseling Can Help Avert Foreclosures, But Funding is Thin
May 14, 2009
The number of desperate borrowers seeking loan modifications has dramatically risen over the past year, leading to a subsequent need for improved counseling mechanisms to explain the possible solutions to homeowners looking to stay afloat. But are the counseling intermediaries currently in place equipped well enough to deal with the rise in possible foreclosures? Susan Keating, president and...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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