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Wells Fargo Backs Government Foreclosures Program
Mortgage lender Wells Fargo has launched its pilot First Look program in the Twin Cities of Saint Paul and Minneapolis in partnership with government foreclosures programs to help rehabilitate communities battered by foreclosures. " Wells Fargo, one of the country’s largest... New Federal Plan Aims to Rework Fannie and Freddie Loans
After several months of waiting, beleaguered homeowners with loans guaranteed by mortgage giants Fannie Mae and Freddie Mac will receive assistance from the federal government. The Federal Housing Finance Agency, recently announced this new plan to stop foreclosures, which is... Gap Between Prime and Subprime Foreclosures Narrowing
The foreclosure crisis, which hit the subprime industry at the beginning of 2006, has now crossed-over to the prime mortgages. As the non-profit alliance HOPE NOW reported that for the month of July, about 105,000 of the 197,000 foreclosure filings originated from prime...HOPE Helps 2 Million Distressed Homeowners
For the past 13 months, the housing coalition HOPE NOW has provided assistance to over 2 million distressed homeowners so that they can continue to keep their homes and stop foreclosure. This is according to the... HOPE NOW Data Reveals Housing Crisis Worsening
Established a year ago, HOPE NOW is an alliance comprised of mortgage lenders and private advocacy groups with a primary objective of providing assistance to troubled homeowners in order for them to avoid losing...
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