Response to Foreclosure Crisis
Witnesses testified about government and private sector responses to mortgage foreclosures and the sub-prime mortgage crisis. Among the topi… read more
Witnesses testified about government and private sector responses to mortgage foreclosures and the sub-prime mortgage crisis. Among the topics they addressed were perceived failures in the Obama administration’s Home Affordable Modification Program, rates of mortgage foreclosures, bureaucratic impediments in administering loan modifications, and potential ways to improve the administration of restructured mortgages. close
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Herbert M. Allison Jr. Assistant Secretary Department of the Treasury->Office of Financial Stability
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