A bright spot, or just a flurry of words in the mortgage crisis?
I've been wondering why I haven't seen much about trying to alleviate the failing financial markets from the consumer end.
The Boston Globe had an article with a somewhat hopeful-sounding title today:
Fannie, Freddie Collapse Could Help Borrowers.
Treasury Secretary Henry Paulson and James Lockhart, director of the Federal Housing Finance Agency "actively looking" at expanding loan modifications among the more than $5 trillion in loans that Fannie and Freddie own or guarantee, Bair said.
- Valhalla's blog
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