Treasury provides $3B more for foreclosure program (San Francisco Chronicle)

The government will provide another $3.1 billion to a group of mortgage servicing companies as an incentive to modify loans to combat record levels of foreclosures. The Treasury Department said Tuesday that the modifications, which included reductions in... Sponsored Topics: Foreclosure - Mortgage - United States Department of the Treasury - Business - Treasury Department, more 
and Treasury provides $3B more for foreclosure program (Lansing State Journal)  WASHINGTON The government will provide another $3.1 billion to a group of mortgage servicing companies as an incentive to modify loans to combat record levels of foreclosures. The Treasury Department said today that the modifications, which included reductions in projected payments for some companies, pushed the total amount for the program to $18.3 billion, from $15.2 billion. The department ..., more