Mortgage Group Stresses Strain Of Modification Plan

25 Feb 2009

The Mortgage Bankers Association says the Obama administration should not underestimate the strain its proposed loan-modification plan places on mortgage services.

The Mortgage Bankers Association says the Obama administration should not underestimate the strain its proposed loan-modification plan places on mortgage services. In a letter to Timothy Geithner, secretary of the Treasury, and Shaun Donovan, secretary of Housing and Urban Development, MBA President John Courson pointed out that the ...

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