The Federal Housing
Finance Agency could have a “legal responsibility” to approve loan modifications for
certain homeowners now that the U.S. Treasury has offered to share in the cost of
mortgage write-downs, said Shaun Donovan, secretary of the Department of
Housing and Urban Development.
Donovan made
the comments in an interview taped for C-SPAN’s “Newsmakers” program, according
to an article in The Wall Street Journal
No comments:
Post a Comment