The Obama administration, with all of it's weighty might, the Presidency of the United States, wants to really bear down on mortgage lenders and use shame to force financial institutions to help homeowners.
....are you f@#king kidding me? Shame?
How can you provoke shame in corporate entities? They have no soul! That's like thinking one will get remorse from a serial killer. Seriously.
What happened to good old fashioned regulation, oversight and legality? As I recall the government makes the laws...right? How about plain make their current scheme, which is sucking up huge profits from late fees and foreclosures, not profitable?
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