Some Doubt A Settlement Will Eliminate Mortgage Ills

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Some Doubt A Settlement Will Eliminate Mortgage Ills

Some Doubt A Settlement Will Eliminate Mortgage Ills

Some doubt that we will ever see a punk CEO get a cuff or two around their wrists as well.

Broken System, Broken Government, Broken Courts, Failed Administration

New York Times-

Even as government officials prepare to unveil new standards this week for how banks treat millions of Americans facing foreclosure, housing advocates and homeowners are skeptical the rules will be able to do something past efforts have not: provide a beleaguered borrower with one individual to help them navigate the mortgage maze.

While the entire process of seeking a mortgage modification is complicated and time-consuming, few elements are as maddening as the inability to get through to a representative at the bank, or being asked for the same documents again and again.

[NEW YORK TIMES]

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