WASHINGTON (AP) — Congress on Tuesday sent the president legislation that encourages banks to spare homeowners from foreclosure, after the industry helped scuttle a tougher measure that would have forced lenders to reduce monthly payments of owners ..., more
and State 90-day foreclosure bills go to Granholm - Detroit Free Press Gov. Jennifer Granholm will sign legislation to give Michigan homeowners facing foreclosure a 90-day window to stay in their house and potentially work out a resolution with their lender. The state Senate unanimously approved the bills today. The ..., more
and Quarter Of All Homeowners A Job Loss Away From Foreclosure - Nuwireinvestor.com As job losses continue to mount, foreclosure is a major concern for a high percentage of homeowners who lack savings for a rainy day. Despite a gradual increase in the national savings rate, a staggering one quarter of US homeowners would be unable ..., more
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