There's been some progress in attempts to fix the key problem behind the financial crisis which is millions of homeowners face foreclosure.
Bank of America has reached a settlement aimed at helping some 400-thousand of those people stay in their homes.
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U.S. weighing new mortgage plan
The government is expected to announce soon that it will devote up to $50 billion to directly address the source of the financial crisis: bad mortgages and millions of homeowners at risk of...
Mortgage Modifications Won't Benefit Everyone
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Government Plan Would Guarantee Some Mortgages
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A New Life for IndyMac Borrowers
When the federal government took over IndyMac Bank, Cynthia Hendrix and other consumers with loans from IndyMac got brand new loans. This means a new chance to keep their homes.» E-Mail...
212,000 borrowers avoid foreclosure in Sept.
Mortgage lenders have helped nearly 2.5 million troubled homeowners avoid foreclosure since the mortgage meltdown began in the summer of 2007.
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