Relevant:
- Giving Money Back, Not Profitable: Federal Reserve Study Proves
- Bucking the mortgage modification trends
- U.S. lenders cut deals to avoid foreclosure crisis
- Study concludes FHA lending practices in Baltimore area could lead to high foreclosure rates
- Geithner tells panel that more has to be done to help homeowners avoid foreclosure
2009-07-07 — boston.com
"Mortgage lenders don’t try to rework most home loans held by borrowers facing foreclosure because it would probably mean losing money, a study released yesterday by the Federal Reserve Bank of Boston concludes."
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