President Bush on Wednesday signed a massive housing bill intended to provide mortgage relief for 400,000 struggling homeowners and stabilize financial markets.
Bush signed the bill without any fanfare or signing ceremony, affixing his signature to the measure he once threatened to veto, in the Oval Office in the early morning hours. He was surrounded by […]
Bush signs housing bill to provide mortgage relief
July 30th, 2008 · No Comments
Tags: Avoiding Foreclosure · Mortgage Legislation
Spitzer’s Mortgage Relief Plan in Jeopardy
March 13th, 2008 · No Comments
Just a few days ago, before resigning yesterday Gov. Eliot Spitzer drafted a proposal to offer protection to homeowners who may be at risk of losing their house due to the subprime mortgage crisis.
The legislation comes with several provisions including mandatory pre-foreclosure notice and consent conferences between borrowers and lenders. Spitzer also wanted to strengthen […]
Tags: Foreclosure Information · Foreclosure Statistics