Mortgage News and Mortgage Rates
For May 18, 2012

Posted on Jan. 02 2010 by writer

Mortgage Modifications Have Done More Harm Than Good, The NYT … – The Business Insider

The fastest way to “fix” an overvalued market is to let prices drop to market levels and let the market clear. This hurts those who own the overvalued assets, but it helps those who don’t. And, more importantly, it corrects an unsustainable problem …

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