Hey Banks! Wake Up! Loan Mods Aren’t Working…

After watching a couple of news snippets on MSNBC that reported on loan modifications, I was amazed at the huge divide between bankers and policy makers, and the reality from the consumers' viewpoint. Check out the interviews and let me know what you think.... *Michael Barr, US Treasury; http://www.msnbc.msn.com/id/21134540/vp/34935747#34796103 *John Courson, CEO of the Mortgage Bankers Association; http://www.msnbc.msn.com/id/21134540/vp/34935747#34795942 *Jean Chatzky - Money.com and Barbara Corcoran - http://www.msnbc.msn.com/id/21134540/vp/34935747#34795865 *Jason Tucker - http://www.msnbc.msn.com/id/21134540/vp/34935747#34795865 … [Read more...]