Mortgage Foreclosure & Refinance Resource

According to the NY Times Bank of America, Citigroup, Countrywide Financial, JPMorgan Chase, Washington Mutual and Wells Fargo are expected to announce on Tuesday at the Treasury Department that they will offer both prime and subprime borrowers who are more than three months behind a chance to halt foreclosure proceedings for 30 days and work [...]

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With record home foreclosures looming by the end of 2008, the Bush Administration is compelled to do something - anything - before the bottom falls out of the economy. Last week, the administration announced that an agreement had been reached with an alliance of the nation’s banks and mortgage lenders to temporarily freeze the [...]

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