Comments on: Treasury Department Calls Meeting With 25 Largest Mortgage Lenders http://www.therealestatebloggers.com/2009/07/13/treasury-department-calls-meeting-with-25-largest-mortgage-lenders/ Real Estate Blog, Mortgage, and Development News Sat, 21 Nov 2009 03:38:54 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: Austin Apartment Pro http://www.therealestatebloggers.com/2009/07/13/treasury-department-calls-meeting-with-25-largest-mortgage-lenders/comment-page-1/#comment-394955 Austin Apartment Pro Wed, 15 Jul 2009 15:27:27 +0000 http://www.therealestatebloggers.com/2009/07/13/treasury-department-calls-meeting-with-25-largest-mortgage-lenders/#comment-394955 How do you get foreclosures to slow down when houses in some markets are worth 20-40% less than their loan value and the homeowners are continuing to lose their jobs? How do you get foreclosures to slow down when houses in some markets are worth 20-40% less than their loan value and the homeowners are continuing to lose their jobs?

]]> By: M Realty http://www.therealestatebloggers.com/2009/07/13/treasury-department-calls-meeting-with-25-largest-mortgage-lenders/comment-page-1/#comment-394271 M Realty Mon, 13 Jul 2009 17:31:35 +0000 http://www.therealestatebloggers.com/2009/07/13/treasury-department-calls-meeting-with-25-largest-mortgage-lenders/#comment-394271 Its really sad that the government has to force every change that happens with the lenders and banks. Why cant they just take some initiative and prevent problems like this in the first place? I really feel that there was ample warning and none of this should have been a surprise. -Tyler Its really sad that the government has to force every change that happens with the lenders and banks. Why cant they just take some initiative and prevent problems like this in the first place? I really feel that there was ample warning and none of this should have been a surprise.

-Tyler

]]> By: Maggie Knowles http://www.therealestatebloggers.com/2009/07/13/treasury-department-calls-meeting-with-25-largest-mortgage-lenders/comment-page-1/#comment-394261 Maggie Knowles Mon, 13 Jul 2009 16:50:58 +0000 http://www.therealestatebloggers.com/2009/07/13/treasury-department-calls-meeting-with-25-largest-mortgage-lenders/#comment-394261 Mortgage modifications will not work until they include reducing principle to market value, then reducing interest rate. As long as folks are still employed, this should do the trick. Let the banks and investors take the loss, as it should be, since they took the risk. Mortgage modifications will not work until they include reducing principle to market value, then reducing interest rate. As long as folks are still employed, this should do the trick. Let the banks and investors take the loss, as it should be, since they took the risk.

]]> By: Afternoon Real Estate News: « AccuriZ http://www.therealestatebloggers.com/2009/07/13/treasury-department-calls-meeting-with-25-largest-mortgage-lenders/comment-page-1/#comment-394242 Afternoon Real Estate News: « AccuriZ Mon, 13 Jul 2009 15:26:54 +0000 http://www.therealestatebloggers.com/2009/07/13/treasury-department-calls-meeting-with-25-largest-mortgage-lenders/#comment-394242 [...] Treasury Department Calls Meeting With 25 Largest Mortgage Lenders [...] [...] Treasury Department Calls Meeting With 25 Largest Mortgage Lenders [...]

]]> By: Corey K http://www.therealestatebloggers.com/2009/07/13/treasury-department-calls-meeting-with-25-largest-mortgage-lenders/comment-page-1/#comment-394231 Corey K Mon, 13 Jul 2009 15:05:40 +0000 http://www.therealestatebloggers.com/2009/07/13/treasury-department-calls-meeting-with-25-largest-mortgage-lenders/#comment-394231 You know, the Treasury Dept. and Alan Greenspan held a similar meeting before the last housing bubble began. This cannot be good. You know, the Treasury Dept. and Alan Greenspan held a similar meeting before the last housing bubble began.

This cannot be good.

]]>