Philip Angelides, FCIC Chair: Mortgage Mods, Looser HomeBuyer Credit

I am not a fan of the mortgage mods and abatements or principle write-downs, but this is an interesting viewpoint:


Sept. 14 (Bloomberg) — Philip Angelides, chairman of the Financial Crisis Inquiry Commission, talks about the outlook for solving the housing crisis in the U.S. He also discusses mortgage modifications for underwater homeowners and credit availability for home buyers. Angelides speaks with Lisa Murphy on Bloomberg Television’s “Fast Forward.”

Source: Bloomberg

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