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Loan Modification

: Loan Modification & Home Loan News

Lenders may be tempted for another carrot from Washington

By Moe Bedard

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Last week, President Obama launched yet another initiative to avert foreclosures, offering $1.5 billion from the $700-billion Troubled Asset Relief Program to housing finance agencies in California and four other states where home prices have dropped by at least 20%. The administration gave states a great deal of flexibility in using the aid, which will [...]

Full post as published by Loan Modification & Home Loan News on February 24, 2010 (boomark / email).

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