Frustration Mounting Over Disappointing Results of Foreclosure Mitigation Strategies
December 10, 2009
Massive federal loan-modification efforts may ultimately prevent relatively few borrowers from losing their homes to foreclosure, and there¡¯s little consensus among policymakers, advocates and mortgage lenders about whether the Obama administration¡¯s program can be fixed. ¡°We have a great frustration at the failed efforts of the combined efforts of elements of the federal...
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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