Martin Feldstein’s “Underwater” Mortgage Plan – My Comments

In the Saturday edition of The Wall Street Journal, there is an op-ed from Martin Feldstein titled “How to Save an ‘Underwater’ Mortgage.” The editorial provides a good summary of the numbers behind “Underwater” mortgages.  Also, I think the article is beneficial in that it highlights the problem of mortgage defaults and foreclosures, and how “Underwater” mortgages … Read moreMartin Feldstein’s “Underwater” Mortgage Plan – My Comments