{"id":192693,"date":"2009-03-04T20:39:00","date_gmt":"2009-03-05T01:39:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/03\/04\/rules-set-for-mortgage-mods\/"},"modified":"2009-03-04T20:39:00","modified_gmt":"2009-03-05T01:39:00","slug":"rules-set-for-mortgage-mods","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/03\/04\/rules-set-for-mortgage-mods\/","title":{"rendered":"Rules Set for Mortgage Mods"},"content":{"rendered":"<p>This is separate from cram downs, but <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=aPdRXuqc58RU&amp;refer=home\">the new rules announced by Geithner<\/a> should be complimentary.<\/p>\n<p>It&#8217;s a series of carrots to induce banks to negotiate, but I&#8217;d much rather see more sticks, because the problem that we have right now comes from being too accommodating to banks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This is separate from cram downs, but the new rules announced by Geithner should be complimentary. It&#8217;s a series of carrots to induce banks to negotiate, but I&#8217;d much rather see more sticks, because the problem that we have right now comes from being too accommodating to banks.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1004,985,1173],"tags":[],"class_list":["post-192693","post","type-post","status-publish","format-standard","hentry","category-finance","category-regulation","category-white-house"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/192693"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=192693"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/192693\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=192693"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=192693"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=192693"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}