Are you aware of HUD or the Administration contemplating any new loan modification or principal reduction programs in connection with a possible resolution of the current Federal and State attorney general review of the robosigning related problems at the major banks?
McHenry inquires about potential loan modification programs related to ongoing investigations.
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Broad and material changes to the Basel III Endgame necessitate a full reproposal. Full stop.
This is a matter of real substance for the independence of the Fed and the rulemaking at the Federal Reserve.
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