Home Refinancing - US working on plan to help homeowners refinance - Salon
US working on plan to help homeowners refinance - Salon
Oct 23rd, 2008 | WASHINGTON — The federal government is working on a loan-guarantee plan that could help many homeowners escape foreclosure, a banking regulator told Congress Thursday. At the same time former Federal Reserve Chairman Alan Greenspan
Microsoft warns of financial crisis email scams - Economic Times
LONDON: Internet fraudsters will try to exploit the global financial crisis by sending fraudulent emails purporting to offer cash-strapped consumers new mortgages, loans or money from failed banks, a Microsoft executive said on Wednesday. Tim Cranton
Official: mortgage plan coming soon - Salon
Oct 23rd, 2008 | WASHINGTON — A senior Treasury official says the department intends to get a program to help struggling homeowners revise mortgages up and running soon. Neel Kashkari, who is heading the government’s $700 billion financial rescue
Sources: Feds prepare mortgage modification plan - Seattle Times
The government is considering a plan that would help around 3 million homeowners avoid foreclosure, sources briefed on the matter said. A final deal had not been reached as of Wednesday afternoon and negotiations could still fall apart, but
Mortgage applications jump 17% on lower rates - CNN Money
NEW YORK (CNNMoney.com) — Borrowers streamed back into the mortgage market last week as loan applications jumped nearly 17%, according to a regular survey from the Mortgage Bankers Association. “Rates were going down last week,” said Keith Gumbinger