I admire the Federal Deposit Insurance Corp., under the leadership of Sheila C. Bair, for taking the lead in attacking the source of the financial crisis: the vicious cycle of declining home prices and foreclosures. I share FDIC's view that the way to break that cycle is to modify mortgage contracts in ways that enable borrowers in distress to return to good standing and stay there -- and to do ...
Read More...
Thursday, April 9, 2009
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment