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.
Andy Miofsky, Esq.
Latest posts by Andy Miofsky, Esq. (see all)
- Use Exemptions to Protect Your Property in Bankruptcy - January 20, 2014
- A profile of the typical person who files bankruptcy - January 13, 2014
- Amended Bankruptcy Rule 1007 changes Form 23 debtor education filing requirement. - January 7, 2014
- How to file bankruptcy – What are Executory Contracts and Unexpired Leases in bankruptcy? - November 20, 2013
- Bankruptcy stops debt collection automatically - September 13, 2013
Last modified: October 22, 2012