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mortgage modifications Real Estate Blog; January, 2009 Archive

Q&A: Mo Mod; Mortgage Modifications

By Blog Answers at 01/23/09 12:10

On 11/13/08 22:19, Mike Stover asked the following question:

Could you check into a word called Mo Mod, I guess it stands for massive mortgage modifications. I heard it yesterday on Fox and again today on Clark Howard Show. I found the website www.smithfieldwainwright.com, I believe this is what Paulson and Bair are talking about.We need something to stop property values dropping!

Read more: Q&A: Mo Mod; Mortgage Modifications [click]

Tags: mortgage modifications • repayments • loan restructuring • financial crisis •
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