Carr Says Mortgage Modification Plan `Not Up to Task': Video

Carr Says Mortgage Modification Plan `Not Up to Task': Video. Day-1 Mortgage Relief Program

Carr Says Mortgage Modification Plan `Not Up to Task': Video video duration 3 Minute(s) 37 Second(s), published by Bloomberg on 23 03 2012 - 18:59:27.

Dec
14 (Bloomberg) Jim Carr, chief operating officer at the National Community Reinvestment Coalition, talks with Bloomberg's Betty Liu and Peter Cook MMM - Mortgage Modification Mediation program in Arizona
Homeowners can now force lenders to court-supervised negotiations to get mortgage payments .

Minuteman financial is the result of many years of successful effort to passionately assist consumers with their finances
This is not to be confused with . Hundreds of homeowners facing foreclosure now have an avenue to save their homes through the government's Mortgage Relief Program.

Dec. 14 (Bloomberg) Jim Carr, chief operating officer at the National Community Reinvestment Coalition, talks with Bloomberg's Betty Liu and Peter Cook about the shortcomings of the current distressed mortgage modification program.
Carr also discusses the U.S. foreclosure crisis and its impact on the economy and the need for banks to increase lending. (Source: Bloomberg)