Schumer Urges Countrywide to Help Refinance Loans Aug. 29 (Bloomberg) -- U.S. Senator Charles Schumer asked Countrywide Financial Corp. to waive prepayment penalties, help refinance loans and take other steps to help homeowners struggling to make mortgage payments on subprime loans.
Schumer Urges Countrywide to Help Refinance Loans Aug. 29 (Bloomberg) -- U.S. Senator Charles Schumer called on Countrywide Financial Corp. to waive prepayment penalties, refinance loans and eliminate ``above-market fees to help homeowners struggling to make payments on subprime mortgages.
Schumer Urges Countrywide to Help Refinance Loans Aug. 29 (Bloomberg) -- U.S. Senator Charles Schumer asked Countrywide Financial Corp. to waive prepayment penalties, refinance loans and eliminate ``above-market fees to help homeowners struggling to make payments on subprime mortgages.
Bush touts plan to help homeowners in mortgage crisis WASHINGTON (AP) -- New tax relief and the ability to refinance adjustable rate mortgages could help many Americans who are in danger of losing their homes, President Bush said Saturday.
Mortgage default relief planned Bush proposal would let more refinance The Bush administration Friday will propose a set of policies meant to help ease the wave of mortgage defaults, according to senior administration officials. It is the administrations first broad effort to deal with rising levels of home foreclosures, which are widely forecast to increase further in the coming year.
Mortgage Firm Sells $500 Million in Stock Thornburg said the sale would help the company resume making loans and buying mortgage-backed securities.
Bush Says He Wants to Help Homeowners, Not Mortgage Lenders Sept. 1 (Bloomberg) -- President George W. Bush said that his plan to fight the subprime mortgage crisis will help people hold onto their homes, stressing that he opposes an industry ``bailout.
Resource Lending Group Offers Texas Mortgage Loan Help for Texas Residents Texas has experienced a huge increase in delinquent mortgage payments due to adjustable rate mortgages. Resource Lending Group offers Texas mortgage loan help by helping residents refinance with ease.
MARK TRUMBULL: How homeowners can escape a mortgage mess Stress in the nations mortgage industry is putting a financial squeeze on home buyers and homeowners alike. Buyers are finding it harder to obtain home loans as lenders tighten their credit standards or even go out of business. Homeowners with adjustable-rate mortgages (ARMs) face a double-whammy. House prices are falling even as their monthly home payments adjust upward in a big way. So when ...
U.S. Stocks Rise on Bush Mortgage-Aid Plan; Countrywide Gains Aug. 31 (Bloomberg) -- U.S. stocks rallied on speculation the government will help people with delinquent mortgages keep their homes. Countrywide Financial Corp., the nations largest mortgage lender, and Lehman Brothers Holdings Inc., the biggest underwriter of bonds backed by home loans, advanced.