Consumer Mortgage News Made Simple
Loan modifications are gaining a lot of momentum, both politically and within financial institutions themselves. Some economist are even coming to the conclusion that it is the fastest way to put a floor on housing prices, but could it raise Constitional dilemma?
Daniel Alpert of the RGE Monitor does and interesting analytical piece, exploring the Constitutionality of mandatory loan modifications.
About Bill RiceBill Rice is a mortgage banking veteran operating in and writing about the mortgage market for over a decade. Bill is the founder of Kaleidico, which provides mortgage banking customers with lead generation and lead management solutions.
Prior to Kaleidico, Bill was one of the founding executives of DeepGreen Bank, the first fully automated mortgage lending Internet banking platform and lead similar home equity innovations as the VP of National Home Equity at Quicken Loans.
He can be contacted at bill.rice@kaleidico.com.
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