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PR News Wire (Free subscription) | yesterday
... offering expertise in foreclosure prevention, reverse
mortgages and resolving credit card debt for homeowners.
CCCS of Greater Atlanta recently selected Interstate North after
reviewing several potential office locations along I-75 north of Atlanta.
The agency is headquartered in downtown Atlanta and also operates a large
counseling center in Duluth to provide telephone and Internet counseling
across...
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USA Today (Free subscription) | 10/09/2008
Housing experts and economists are asking if homeowner assistance programs are doing enough to help the ailing housing market ...
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Daily Mail News (Free subscription) | 10/08/2008
The Bank of England today slashed interest rates by 0.5 per cent in a desperate bid to quell the economic turmoil.But despite the reduction, there are some concerns that the saving will not be passed on to struggling homeowners.
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Reno Gazette Journal (Free subscription) | 10/07/2008
Thousands of Nevadans could benefit from a settlement to modify troubled mortgages and help struggling homeowners stay in their homes, Bank of America officials announced Monday.
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The Star-Ledger (Free subscription) | 10/06/2008
As the Assembly focused solely on ways to address the faltering economy today, a bill to create a fund to help homeowners avoid foreclosure won approval by a key committee. The Assembly Budget Committee voted 8-3, with one abstention, in...
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PR News Wire (Free subscription) | 10/06/2008
ATLANTA, Oct. 6 /PRNewswire/ -- Almost two-thirds of homeowners who
called Consumer Credit Counseling Service (CCCS) of Greater Atlanta for
foreclosure prevention counseling in recent months appear to meet the
threshold requirements for relief under the new federal housing bill that
took effect Oct. 1, according to a recent survey of those homeowners.
Of 591 people surveyed in late...
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Houston Chronicle (Free subscription) | 10/06/2008
An estimated 30,000 Texas homeowners with mortgages from Countrywide Financial may get friendlier loan terms through a settlement announced by seven state attorneys general.
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TeresaCentric (Free subscription) | 10/09/2008
This nonsense from the McCain campaign about spending taxpayer money to buy up and refinance bad mortgages has got to stop. For one thing, it’s not even McCain’s idea — the bailout package that was passed last week already contained provisions to rescue struggling homeowners. For another, we can’t afford it. Period. It’s socialism. It would [...]
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Bark Bark Woof Woof (Free subscription) | 10/09/2008
Remember the plan that John McCain brought up in the debate on Tuesday night to buy up all those mortgages and help out those struggling homeowners? Sounded good, right? Help the homeowners and get them back on their feet? Whoops, check that. Sen. John McCain (R-Ariz.) made an overnight change in the homeowner bailout he proposed at Tuesday’s presidential debate, making it more...
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Reuters (Free subscription) | 10/09/2008
BETHLEHEM, Pennsylvania (Reuters) - White House hopeful John McCain pitched a $300 billion plan to help struggling homeowners on Wednesday as he tried to erode an advantage held by Democratic rival Barack Obama on economic issues.
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The Street (Free subscription) | 10/09/2008
The Republican candidate proposes a plan to help homeowners who struggle with mortgage payments to avoid foreclosure.
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Cincinnati Enquirer (Free subscription) | 10/09/2008
Ordering the government to buy up bad mortgages to cut homeowners' monthly payments might sound good, but experts are skeptical.
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theBKblog (Free subscription) | yesterday
... banking houses that underwrote these loans is not really a surprise.?? For years I met with homeowners who had "qualified" for mortgages that they clearly could not afford and who turned to bankruptcy to buy some time and perhaps to save their home ownership. There has been a lot of talk recently about changing the bankruptcy laws to permit bankruptcy judges to rewrite the terms of mortgage...
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Townhall.com (Free subscription) | yesterday
. Here's an excerpt:"... the estimated $300 billion tab essentially gets transferred to taxpayers, among the funding already provided by the bailout bill -- a proposal that may rile not only fiscal conservatives, but also struggling homeowners who have worked to keep up their mortgage payments."The guy who works two jobs and struggles to actually pay his mortgage is penalized....
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Law Blog - WSJ.com (Free subscription) | 10/09/2008
McCain's $300 billion plan to help struggling homeowners carries benefits for the real-estate sector, but could reduce the funds available for rescuing banks.
