Home-Foreclosure Rescue Is Falling Short, Critics Say

Home-Foreclosure Rescue Is Falling Short, Critics Say

In addition, the group warned that even "permanent" loan adjustments under the Administration's program aren't permanent -- they last five years, and could leave homeowners in the lurch after that. "We've raised the question about how many foreclosures it will prevent a...

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Veröffentlicht in:Bloomberg businessweek (Online) 2009-10
1. Verfasser: Francis, Theo
Format: Magazinearticle
Sprache:eng
Schlagworte:
Congressional investigations
Economic crisis
Foreclosure
Housing
Loan workouts
Mortgage servicing
Unemployment benefits
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Zusammenfassung:In addition, the group warned that even "permanent" loan adjustments under the Administration's program aren't permanent -- they last five years, and could leave homeowners in the lurch after that. "We've raised the question about how many foreclosures it will prevent and how many...
ISSN:2162-657X