Did You Hear The One About The Judge, The Fed Chairman And The Female Attorney From Arkansas

There was a Judge, a Federal Reserve Chairman and a lawyer, each pondering why the mortgage mess keeps dragging down the overall market economy. The Judge could not believe banks would not rewrite loans for a small loss to avoid taking a bigger loss in foreclosure. The Fed Chairman publicly encouraged banks to rewrite loans instead of allowing billions of dollars of loans to go into foreclosure. A common sense solution from the attorney finds its way in my blog A Common Sense Mortgage Solution From An Arkansas Attorney appearing at the Mortgage Law Network site.