Home › Forums › Financial Markets/Economics › Loan mods not working… Really??? Kicking the can down the road doesn’t work??? Who would have thought… › Unlikely to happen on a
Unlikely to happen on a large-scale basis:
If it’s proven that mortgages can’t be enforced, then banks won’t be able to give mortgages. With the future fate of Fannie and Freddie unknown at present, this has the potential of freezing the mortgage market in CA entirely.
