On the recordOctober 16, 2008
I think we need to see more urgency when it comes to loan modifications.
I think we need to see more urgency when it comes to loan modifications.
Bennett calls for increased urgency in loan modifications and asset purchase programs.
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If you call an IRS agent for advice on your taxes, there is a very good chance you will get wrong advice and end up in tax court.
We do not make money when we foreclose on customers. It is in our best interest to figure out ways to make loans perform again.
We will not only lose the industry, we will lose the skills that go with it.
I can understand the impulse for a moratorium. I am not at all sure that a blanket moratorium as broad as this one will produce any higher degree of safety than a more targeted kind of thing.