Housing agencies widen homeowner help (Reuters)
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Reuters - Housing agencies announced on Tuesday a plan to ease mortgage payments for troubled borrowers through mortgage finance giants Fannie Mae and Freddie Mac.
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Housing agencies to widen homeowner help (Reuters)
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Reuters - The regulator for mortgage finance companies Fannie Mae and Freddie Mac said it would unveil on Tuesday a new loan modification program that is meant to make mortgage payments more affordable and prevent foreclosures.
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Feds move to streamline aid process for homeowners (AP)
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AP - In the most sweeping effort so far to help troubled homeowners, the federal government and the mortgage industry on Tuesday will announce a plan to streamline the assistance process for hundreds of thousands of delinquent loans held by Fannie Mae and Freddie Mac.
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Gov’t to announce new loan aid effort (AP)
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AP - The federal government and the mortgage industry are announcing a new effort Tuesday afternoon to streamline the process of modifying loans held by mortgage finance companies Fannie Mae and Freddie Mac.
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Citigroup to help 500,000 mortgage holders keep homes (AFP)
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AFP - Citigroup on Tuesday launched measures to help embattled borrowers remain current on mortgage payments and avoid foreclosures on their homes.
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Citigroup to rework thousands of mortgages (Reuters)
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Reuters - Citigroup Inc on Monday became the latest major U.S. lender to try to help borrowers stay in their homes, launching a program it said may result in $20 billion of mortgage refinancings.
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November 11th, 2008