Not as far as the investors are concerned, right?
the value of the modified mortgage is worth more than the proceeds from a foreclosure sale would be, it would seem to me...
I think they are potentially devastating.
And it is a boondoggle of a mess, and I think there is some--and the thing that I cannot understand is where the misalig...
the entire economic recovery in many respects rests on our being able to get this sorted out.
But it seems it is clearly in the interest of people that can pay on their loans at a reduced value and who want to stay...
that loan be modified and that that person remain in their house, because if they do not, the value of their house is ju...
Absolutely nothing to show for it.
Had what you are describing been in place precrisis, what are the things that you think--the macroeconomic trends that y...
I think Dodd-Frank requires a regular report from FSOC about financial stability and risks to financial stability.
Thank you for having this hearing, and thanks to all of you for coming together.