Wednesday, April 29, 2009

Why foreclosure help isn't working - Minnesota Public Radio

Following the failed HOPE for Homeowners program, President Obama has introduced a new plan to give mortgage lenders incentives to lower borrowers' costs on second mortgages. A look at what works and what doesn't to prevent foreclosures, more 
and Treasury unveils anti-foreclosure move - Cincinnati.com  WASHINGTON - The Obama administration unveiled a new program to help borrowers with second mortgages stay out of foreclosure, offering cash to servicers, investors and borrowers who modify loan terms. The goal is to assist homeowners who seek help ..., more 
and Assemblyman feels pinch of real estate market slump - Las Vegas Sun  Las Vegas Assemblyman Morse Arberry, longtime chairman of one of the Legislature’s influential money committees, is going to court to try to stop foreclosures on two of his rental properties and pushing for state laws that would address situations ..., more 

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