Monday, November 3, 2008

FDIC, Treasury Mull Foreclosure-Prevention Program

http://www.foxbusiness.com/story/markets/industries/finance/fdic-treasury-department-working-new-program-prevent-foreclosures/
This is an article about how banks are going to help people stay in their homes during the economic crisis by giving them a five year "time out" the plan will lower their mortgage payments and restructure the loans according to what people can pay! Its really interesting , READ

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