Jan 29 2009

Cram Downs: A Bad Bank and Cram Downs are Diametrically Opposed Ideas.

While the market is intrigued by the nearly $1 trillion fiscal stimulus plan, a mortgage cram down bill has already passed the House.  It is amazing that it has taken this long to even get this thing going if the true premise of the politicians and policy makers was to save homeowners from losing their […]

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