I won’t beat you over the head with more ranting about foreclosure moratoriums and loan modifications. If you are interested in some recent bit of industry insider opinions about the efficacy of moratoriums, Housing Wire has a good short article on the subject.

Also in case you missed it here earlier in November check out the link to an article they did on a St. Louis Fed paper on the cost of moratoriums. As I’ve noted before, there is a long-term cost involved in the exercise.