TITLE

Frank Urges More Loan Mods, or Else

AUTHOR(S)
Hopkins, Cheyenne
PUB. DATE
July 2009
SOURCE
American Banker;7/30/2009, Vol. 174 Issue 145, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses loan modification in the U.S. Barney Frank, chairman of the U.S. House Financial Services Committee, stated that there could be a revival of the legislation allowing judges to modify loans in bankruptcy proceedings if there is not an increase in loan modifications. Also, he is in favor of the Home Affordable Modification Program instituted by the administration of U.S. President Barack Obama.
ACCESSION #
43517644

 

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