by Moe Bedard
The great debate facing our nation is over loan modifications and what lenders are doing to truly help struggling homeowners.
Bottom Line: The American people simply cannot trust their lenders, mortgage servicers and Hope Now to do the right thing and it looks like our government has had about enough lip service.
I am going to [...]
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by Moe Bedard
Proposed Legislation Rewards Risky Borrowers and Banks with Hundreds of Billions of Taxpayer Dollars at Risk, Potentially Bankrupting the Federal Housing Administration
WASHINGTON–(BUSINESS WIRE)–As the Dodd-Countrywide mortgage bailout bill comes to the Senate floor this week for debate, leading taxpayer advocates stand in opposition to the legislation.
The Dodd-Countrywide bill would create $300 billion in new taxpayer [...]
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