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Loan Modification
: Mortgage Lender Implode-o-MeterInfluential group to support U.S.-backed mortgages
By Implode-Explode Heavy Industries
"A think tank with close ties to the Obama administration is set to unveil a proposal on Thursday on restructuring the U.S. housing finance system and is expected to recommend government backing for mortgages.
The plan from the Center for American Progress will flesh out a blueprint for a revamp of the $11 trillion U.S. mortgage market first unveiled in 2009. It will be published just weeks before the Obama administration is set to release its own proposals."
Full post as published by Mortgage Lender Implode-o-Meter on January 27, 2011 (boomark / email).
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