Different approaches to mortgage modifications aired

Bengtson, Tom
January 2009
North Western Financial Review;1/1/2009, Vol. 194 Issue 1, p12
Trade Publication
The article presents the highlights of the third annual National Housing Forum which took place in Washington, D.C. on December 8, 2008. It discusses the views expressed by bankers and politicians in the U.S. about how to resolve the issues surrounding the increase in home mortgage loan foreclosures. It outlines the rate of borrowers that had re-defaulted, according to the Office of Thrift Supervision. Curtis Hage of Home Federal Bank, emphasizes the role of community banks in addressing the increasing rate of foreclosures.


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