Draft Proposal on Financial Rescue Legislation
Office of Speaker Nancy Pelosi -- September 28, 2008
"The government can use its power as the owner of mortgages and mortgage backed securities to facilitate loan modifications (such as, reduced principal or interest rate, lengthened time to pay back the mortgage) to help reduce the 2 million projected foreclosures in the next year"
b.
Office of Speaker Nancy Pelosi -- September 28, 2008
"The government can use its power as the owner of mortgages and mortgage backed securities to facilitate loan modifications (such as, reduced principal or interest rate, lengthened time to pay back the mortgage) to help reduce the 2 million projected foreclosures in the next year"
b.
