Tag Archives: martha coakley

Key Democrats Push Fannie, Freddie To Write Down Mortgage Principle

Taxpayers have already put out nearly $200 billion to prop up Fannie Mae and Freddie Mac. They are on the hook for hundreds of billions more. Key Democrats are pushing the regulator of Fannie and Freddie to write down mortgage … Continue reading

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Attorney Generals Bank Settlement Talks Drag On

The Obama administration plans to extort at least $20 billion from the banks to settle various government probes over inadequate paperwork processing for mortgages. Blaming the rich is the major theme from Barack Obama these days. He thinks that will … Continue reading

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Modifying Mortgages

Martha Coakley writes: Effective and wide-scale loan modification programs by lenders and mortgage holders can stop the freefall and begin the long way back to a sustainable economy. Last year, the Legislature enacted a 90-day “right-to-cure” provision giving homeowners more … Continue reading

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