Archive for 'Mortgage Relief'
Bank of America to Modify Mortgages
Facing a lawsuit over deceptive mortgage practices, a Bank of America Corp. subsidiary has agreed to modify tens of thousands of loans to keep people in 11 states from losing their homes, the Illinois attorney general’s office said Sunday.
Borrowers stuck with Countrywide Financial mortgages that they can’t afford could see their interest rates reduced or [...]
Posted: October 7th, 2008 under Money, Mortgage Lending, Mortgage Relief, Personal Finance, US Economy.
Tags: 50 States, American Dream, Bank Of America, Bank Of America Corp, Barbara Desoer, Borrowers, California Attorney General, Connecticut Florida, Consumer Protection Division, Countrywide Financial, Countrywide Financial Corp, Illinois Attorney General, Insurance Services, Jerry Brown, Loan Principal, Michigan North, Mortgage Home Equity, Mortgage Practices, New Mortgage, Nightmare, Time Illinois
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Bush Quietly Signs Mortgage Relief Measure
signed a housing bill Wednesday intended to rescue about 15 percent of the cash-strapped homeowners in fear of foreclosure in the next year or so. Early in the morning and out of public view, the president signed it without fanfare in the Oval Office, adding his signature to a measure he once threatened to [...]
Posted: July 30th, 2008 under FHA, Money, Mortgage Relief, Personal Finance, Real Estate.
Tags: Administration Officials, American Families, Election Year, Federal Housing Administration, First Time Home Buyers, Forec, Henry Paulson, Homeownership Opportunities, House Speaker Nancy Pelosi, Housing And Urban Development, Low Income Housing, Low Income Housing Tax Credit, Mortgage Relief, Nancy Pelosi, Oval Office, Speaker Nancy Pelosi, Steve Preston, Time Home Buyers, Tony Fratto, Treasury Secretary Henry Paulson, White House Spokesman
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