Are Loan Modifications Causing Foreclosures?
Editorial note: This blog post ran 8/20/2010 on Huffington Post. It is reprinted with permission from Huffington Post. [caption id="attachment_191" align="alignleft" width="300" caption="Even with Federal mandates, foreclosures continue to rise."][/caption] When the economy crumbled in 2008 as real estate values plummeted, Congress was under pressure to appease the public's demand for action to stem the...