Jeff Merkley actually said...

So, Professor, in that case the financial incentives to pursue foreclosure are not offset by, if you will, defense of the reputation of the ...

I just wanted to clarify a couple of points.

I am very concerned about the legal issues getting resolved, in part because this poses a huge systemic risk to our banking system as a whol...

So we have so many folks coming to our office in Oregon who over here are working with the servicer to modify their loan, but then they are ...