That’s the prescription that Federal Deposit Insurance Corporation (FDIC) Chairman, Sheila C. Bair, recently issued to cure the ills of the current (and future) housing market. Here’s a snip from her presentation before the Summit on Residential Mortgage Servicing for the 21st Century in Washington, D.C.: “The bottom line is that we need more modifications [...]
Source: http://blog.foreclosure.com/2011/01/more-modifications-fewer-foreclosures-please/
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