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

by Andy Miofsky, Esq.

March 5, 2008

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.

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Andy Miofsky, Esq.

Andy Miofsky is an Illinois consumer rights lawyer with offices in Granite City Illinois and Mount Vernon. Andy represents people with bankruptcy and student loan debt problems throughout the Central and the Southern District of Illinois since 1979.

Last modified: October 22, 2012