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Jobless advocates seek more foreclosure relief

0 Comments Published December 23rd, 2009 in News.

Officials are considering using an existing billion program to help homeowners modify mortgages and put it in a program that would help the jobless stay in their homes.

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« Seven years at the Fed: Bernanke in his own words
Hedge Funds: Passport Capital’s gold experiment »
This blog discusses subprime mortgage problems. Subprime problems began when lenders offered loans to potential home owners with bad credit or credit / income that did not meet the standards of traditional lending. Subprime mortgages for people with bad credit or no credit face an uncertain future. Once the hope of many to enter into home ownership has now been corrupted both by overreaching consumers and predatory lenders. I hope to follow the aftermath of this crisis.

Mortgage Lender Implode-o-Meter






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