Fed Announces Plan to Reduce Foreclosures

The Federal Reserve will take aggressive action to renegotiate mortgages that are likely to enter foreclosure, Fed Chair Ben Bernanke said in a letter to Congress yesterday. Mortgages most likely to be affected are those with loan balances that are more than 125 percent of estimated value of the property

Post a Comment

From Our Blog

Posts By Category

All Categories Career (3) Home Buying (3) Home Tips (2) Main (329) Market Statistics (16) Monday Morning Coffee (56) Real Estate (40) Selling Your Home (21)

Posts By Month

Tag Cloud

Grab Our RSS Feed