Archive for March, 2009
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How Obama mortgage modification plan might helpSan Francisco Chronicle, USAThe $75 billion program seeks to stop the nation's foreclosure hemorrhage by making home loans more affordable for 3 million to 4 million at-risk homeowners. It sets up incentives for loan servicers to modify mortgages, a way for them to assess …
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Mortgage Fraud Case Poses Federal QuandaryNew York Times, United StatesWaver Brickhouse, 69, at home in Brownsville, Brooklyn, says that fraud by a mortgage rescue firm has left her in financial peril. By MICHAEL POWELL Waver Brickhouse, gray-haired and soft-spoken, has come undone twice during the nation’s housing crisis …
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Careful steps with home loan save painSydney Morning Herald, AustraliaSimple steps in handling a housing loan can ensure Australian home-owners keep their mortgage sound, a mortgage manager says. Australian Mortgage Options managing director Robert Projeski said borrowers could take elementary measures to ensure they did …
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