The Secretary of Treasury did not discuss a specific plan. He continues to say they are examining a strategy for foreclosure mitigation, while Chairwoman Bair of the FDIC already has a real plan to mitigate foreclosures.  It would cost $25 billion dollars out of the original $700 billion TARP. That’s a small price to rescue 2.2 million homeowners from foreclosure in this country. I am very frustrated that we are not moving forward on this more quickly.

This entry was posted on Wednesday, November 19th, 2008 at 2:30 pm and is filed under Uncategorized .