Former Treasury Secretary to Paulson: Next Solution Must Address Rising Mortgage Debt

From MULTIFAMILY EXECUTIVE, by Les Shaver: As current Treasury Secretary Henry M. Paulson Jr. continues pitching his estimated $700 billion bailout plan to Congress and other stakeholders, former Treasury Secretary Lawrence Summers warns that any solution to the problem will be incomplete unless it addresses shrinking home values and mounting mortgage debts. Read the complete article.

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September 26, 2008 | Filed Under Legislation 

Comments

One Response to “Former Treasury Secretary to Paulson: Next Solution Must Address Rising Mortgage Debt”

  1. Gabrielle on December 24th, 2008 9:20 pm

    Very good post, thanks!

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