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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: Hope Now Alliance

Hope Now Alliance stories: 2 news summaries

 Bush Readies Mortgage Bailout 

Aid plan would back new loans for homeowners in 'upside-down' mortgages

Mar 29, 08 6:48 AM CDT
(Newser) - Homeowners facing foreclosure could soon be getting a helping hand from the Bush administration, the Washington Post reports. Details are being finalized on a plan that would see portions of loans forgiven for people who now owe the bank more money than their house is worth. The remainder would be... More »

MORE ABOUT:
Ben Bernanke • subprime mortgages • Henry Paulson • foreclosure • mortgage • loans • Federal Housing Administration • Hope Now Alliance • housing crisis • negative equity • George W. Bush

Plan to Freeze Subprime Loans

Treasury and lenders close to deal

Nov 30, 07 3:12 AM CST
(Newser) - The Treasury Department and a coalition of lenders are close to a deal to freeze interest rates on some subprime loans in a bid to bring the mushrooming mortgage crisis under control, reports the Wall Street Journal. A freeze would ease the burden on beleaguered borrowers and banks. Rates on... More »

MORE ABOUT:
subprime mortgages • Henry Paulson • Treasury Department • Hope Now Alliance • Housing and Urban Development • First American Loan Performance. • borrowers

2 Stories


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