"The week of Nov. 15-19 was a big week in Washington D.C. for troubled homeowners, housing counselors and anyone in the mortgage industry who cares about what is happening to real estate in this country — or it should have been.
The Senate Banking Committee and the House Financial Service’s Subcommittee on Housing and Community Opportunity held hearings that week to get a handle on foreclosure issues.
Two major issues that were discussed: robo-signing of documents submitted to the courts around the country and the failures of the Housing Affordable Modification Program, known as HAMP.
You would think that every media outlet would have covered these hearings since the foreclosures crisis, considering the alleged misdeeds of the mortgage industry would be something the public would want to know about since it will affect every homeowner in America.
But that did not happen.
On Tuesday and Thursday nights last week, I checked the websites of six major media outlets, but but did not find one mention of the hearings..."
at http://www.housingwire.com/2010/11/22/what-will-it-take-for-the-media-to-care-about-the-2-trillion-foreclosure-crisis?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+housingwire%2FuOVI+%28HousingWire%29
No comments:
Post a Comment