Asst Treasury Sec Kashkari Discusses New Mortgage Modification Program(Brian Montgomery)
Federal Housing Financial Agency Director James Lockhart (C) speaks as (L-R) Interim Assistant Treasury Secretary for Financial Stability Neel Kashkari, HUD Assistant Secretary and Federal Housing Agency Commissioner Brian Montgomery, HOPE NEW Executive Director Faith Schwartz, and Michael Heid of Wells Fargo listen during a news conference at the Federal Housing Finance Agency November 11, 2008 in Washington, DC. A plan with a simplifier loan modification system and designed to reduce foreclosures was introduced at the news conference. Officials said the program will help struggle homeowners to mortgages that they can afford.
( - Photo by Alex Wong/Getty Images North America)








