The Washington Independent

Friday, February 10th, 2012

Posts Tagged bair

Another Job for Washington

By | 10.24.08 | 12:10 pm

Voluntary mortgage-reduction programs are insufficient to curb the spreading blight of national foreclosures, the head of the FDIC said Thursday, and the federal government should step in to help folks keep their homes.

The Bush administration and the finance industry have long resisted proposals forcing lenders to modify the terms More…

Loan Workouts and Government Bailouts

By | 09.11.08 | 9:01 am

Now that the government has nationalized Fannie Mae and Freddie Mac, it should step in and modify the mortgage loans of troubled borrowers on a massive scale, consumer advocates say.

Housing Wire reports that advocates are pushing the two mortgage giants to follow the lead of the Federal Deposit More…