CSPAN2 Capital News Today December 9, 2009
. . that ensures the lender has is complete picture of the borrower's financial situation as possible. to this end i was very troubled to learn some modifications are being performed with minimal documentation. after all it was this practice of no or low documentation that helped create a housing crisis we face today. we should not be in the business of perpetuating this practice. according to the treasury department, 375,000 trial modifications are set to convert to permanent modification by the end of the year however, jpmorgan chase recently disclosed in november, close to 25% of ...
Source: archive.org