Foreclosure Situation Shows Little Sign of Improvement, Solutions Need Hard Work
June 10, 2011
Industry groups continue to emphasize that servicer accountability and legitimate help for borrowers are key to addressing loan modification concerns that continue to plague the market. The crux of concern with modification programs is conflicting fiduciary duties, including financial incentives for banks not to...
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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