{"id":4908,"date":"2010-03-26T11:24:39","date_gmt":"2010-03-26T16:24:39","guid":{"rendered":"http:\/\/blogs-devl.bu.edu\/bunow\/?p=4908"},"modified":"2011-01-20T15:11:41","modified_gmt":"2011-01-20T20:11:41","slug":"fighting-foreclosures","status":"publish","type":"post","link":"https:\/\/blogs-devl.bu.edu\/bunow\/2010\/03\/26\/fighting-foreclosures\/","title":{"rendered":"Fighting foreclosures"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"alignright size-thumbnail wp-image-4909\" src=\"http:\/\/blogs-devl.bu.edu\/bunow\/files\/2010\/03\/home-on-bills-150x150.jpg\" alt=\"home on bills\" width=\"150\" height=\"150\" \/>The Obama administration announced a <a title=\"new strategy\" href=\"http:\/\/www.latimes.com\/business\/la-fi-obama-foreclosure26-2010mar26,0,6580230.story?track=rss\" target=\"_blank\">new strategy <\/a>to fight home foreclosure, including requiring lenders to cut or eliminate monthly mortgage payments for many jobless homeowners.\u00a0 School of Management Finance &amp; Economics Department chair Professor <a title=\"Jack Aber\" href=\"http:\/\/smgnet.bu.edu\/mgmt_new\/profiles\/AberJack.html\" target=\"_blank\">Jack Aber <\/a>says some borrowers may unfairly benefit at the expense of others, but breaking the impass still makes sense.<\/p>\n<p><em>&#8220;Purging these underwater loans out of the financial system will reduce uncertainty and ultimately strengthen the financial condition of lending institutions.&#8221;<\/em><\/p>\n<p>Contact Jack Aber, 617-353-4404, <a href=\"mailto:jackaber@bu.edu\">jackaber@bu.edu<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Obama administration announced a new strategy to fight home foreclosure, including requiring lenders to cut or eliminate monthly mortgage payments for many jobless homeowners.\u00a0 School of Management Finance &amp; Economics Department chair Professor Jack Aber says some borrowers may unfairly benefit at the expense of others, but breaking the impass still makes sense. &#8220;Purging [&hellip;]<\/p>\n","protected":false},"author":114,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4491],"tags":[2539,2540,2541,2543,2542],"_links":{"self":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/4908"}],"collection":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/users\/114"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/comments?post=4908"}],"version-history":[{"count":3,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/4908\/revisions"}],"predecessor-version":[{"id":7829,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/4908\/revisions\/7829"}],"wp:attachment":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/media?parent=4908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/categories?post=4908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/tags?post=4908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}