Archive for March 5th, 2008

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March 5, 2008

CNN has an article about how the Hope Now coalition claims to have helped a million homeowners. At least that is what Treasury Secretary Henry Paulson says. CNN isn’t so sure: But of those borrowers, only 278,000 actually saw the terms of their mortgages modified. Their lenders either froze or reduced their interest rates, and [...]

Posted in Distressed Property, Mortgage and Financing Comments Off