Increased Incentives for Mortgage Modifications

10/23/2008

...

FDIC Chair Promotes Increased Incentives for Mortgage Modifications   Thu, 23 Oct 2008 12:22:13 EST While the media today focused mostly on the testimony of former Federal Reserve Chairman Alan Greenspan before the Senate Banking Committee, there was other news coming out of the hearing. Federal Deposit Insurance Corporation Chairperson Sheila Bair told lawmakers about her plans to use methods pioneered by several existing programs to encourage mortgage servicers to increase the pace of loan modifications for homeowners facing foreclosure. Read Full Story Email This Story To A Friend   TODAY'S VIDEO NEWS Bookmark this page or subscribe to our video RSS Feed and visit daily for breaking Mortgage and Real Estate related news. Dual Hearings on Financial Crisis CNBC Videos 10/23/2008 11:57:23 AM The House and Senate take a look at solutions to repair the financial system, with CNBC's Hampton Pearson, Scott Cohn and Bill Seidman Lawmakers Grill Greenspan CNBC Videos 10/23/2008 12:38:04 PM Insight on the two hearings on Capitol Hill about the credit crisis, with CNBC's Scott Cohn Goldman Sachs Slashes Jobs CNBC Videos 10/23/2008 9:38:46 AM The firm plans to cut 10% of 32,500 employees, reports CNBC's David Faber Alan Greenspan Testimony CNBC Videos 10/23/2008 10:58:01 AM Former Fed Chairman Alan Greenspan testifies before the House Oversight Committee   Please send any feedback or suggestions directly to our editor at info@MortgageNewsDaily.com. To UNSUBSCRIBE login to our Members Area and use the Unsubscribe Feature. Your User Name is your Email Address. If you forgot your Password use our 'Forgot Password' feature. DO NOT REPLY TO THIS EMAIL.