Professor Eggert Quoted on Financial Crisis
September 23, 2008
Professor Kurt Eggert was quoted in an article on CNN/Money.com, entitled “What About My Mortgage?” The article discusses the difficulties the government faces in helping struggling homeowners obtain affordable loans during the current financial crisis. Following the success of the government-led loan modifications in response to the failure of IndyMac, Professor Eggert stated, “IndyMac is really the model. I would hope the government only buys loans where they can institute that model.” Read article…