Philip Angelides, FCIC Chair: Mortgage Mods, Looser HomeBuyer Credit

I am not a fan of the mortgage mods and abatements or principle write-downs, but this is an interesting viewpoint: ~~~ Sept. 14 (Bloomberg) — Philip Angelides, chairman of the Financial Crisis Inquiry Commission, talks about the outlook for solving the housing crisis in the U.S. He also discusses mortgage modifications for underwater homeowners and [...]...