Most of the mortgage bigwigs were in Washington, DC
on Monday, attending the National Housing Forum sponsored by the U.S.
Office of Thrift Supervision.
Treasury began the effort by convening a diverse group of market
participants, who represent all segments of the mortgage industry. Based
on what we have learned Paulson said, the participants are implementing a
three point plan to avoid preventable foreclosures and
to minimize the impact of the housing downturn on the U.S. economy.
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