Rosner Says Principal Cuts Needed to Stem Foreclosures: Video
Bloomberg
Jan. 12, 2010. 02:54 PM EST
Jan. 12 (Bloomberg) -- Joshua Rosner, managing director at Graham Fisher & Co., talks with Bloomb... More »
Jan. 12 (Bloomberg) -- Joshua Rosner, managing director at Graham Fisher & Co., talks with Bloomberg's Lori Rothman about mortgage modification programs. ¶ Banks may be forced to resort to a remedy they've been trying to avoid, principal reductions, as another wave of foreclosures looms and payments on risky loans rise, Bloomberg BusinessWeek magazine reports in the Jan. 18 issue. (Source: Bloomberg) « Less
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