Videotaped Remarks on the Observance of Rosh Hashanah
09/06/2010
https://www.presidency.ucsb.edu...
With a plan of this scale comes an enormous responsibility to get it right.
I was glad to see that President Obama's plan addresses one part of this problem by providing monetary compensation to the servicers.
We need for it work.
The Obama administration will seek careful changes to personal bankruptcy provisions so that bankruptcy judges can modify mortgages.