What’s Old is New Again: HOPE NOW Touts Loss Mit Guidelines

"If anything, HOPE NOW — the industry coalition of lenders, servicers, investors and counselors — faces the sort of challenges that tend to come whenever a large group of people with conflicting interests get together and work on finding some sort of non-binding, unforced middle ground. In particular: arriving at a groundbreaking accord is pretty much not an option from the outset, and pushing individual members to make real changes becomes difficult."