Archive for 'HUD'
Feds to Unveil New Mortgage-help Plan
At-risk borrowers with all types of mortgages, not just high-cost subprime loans, could be eligible for help under a new plan involving six big home lenders. The plan, called Project Lifeline, will be announced Tuesday by the Treasury Department and the Department of Housing and Urban Development, said a person familiar with the plan who [...]
Posted: August 2nd, 2008 under HUD, Mortgage Lending.
Tags: Adjustable Rate Mortgages, Bank Of America, Bank Of America Corp, Citigroup Inc, Conventional Mortgages, Countrywide Financial, Countrywide Financial Corp, Delinquent Homeowners, Department Of Housing And Urban Development, Henry Paulson, Home Lenders, Housing And Urban Development, Jpmorgan Chase, Mortgage Lenders, New Mortgage, Pilot Basis, Subprime Borrowers, Teaser Rates, Treasury Secretary Henry Paulson, Washington Mutual, Washington Mutual Inc
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