Paulson announces coordinated effort to reduce mortgage foreclosures ...
Story date: 2007-10-10 10:07:00
Added on: 2007-10-10 11:00:20
Forbes - ... on many adjustable rate mortgages have been reset at much higher levels, and delinquency rates have soared. Paulson said 11 of the largest mortgage ... of funding for the outreach effort will be paid with money generated by the securitization of home ...
Read more...
Related Stories:
-
Proposed economic plans harmful, Paulson says
Winston-Salem Journal - Current efforts not doing enough, Democrats say ... Paulson said that dealing with the mortgage problems needs to be...
2008-02-29 02:29:00 -
Senate Banking Democrats urge Paulson to press harder for subprime ...
CNBC - Those loans that had reset without modifications had delinquency rates as high as 15 percent." The letter said the Moody's...
2007-10-17 01:40:00 -
Sector Snap: Housing Sector Declines
CNBC - Treasury Secretary Henry Paulson said Tuesday the government and financial industry should help homeowners trying to refinance current mortgages before...
2007-10-16 09:45:00 -
Paulson: Working quickly for U.S. subprime relief
Reuters - Paulson said the effort to help homeowners was aimed at those borrowers who could make their current payments but would...
2007-11-30 03:37:00 -
Five New England Banks Pool $125M to Rewrite Mortgages
HispanicBusiness.com - ... Fed said it "supports and applauds this effort while acknowledging that it addresses only a piece of the...
2007-12-20 08:40:00 -
WASHINGTON (AP) -- Treasury Secretary Henry Paulson called Tuesday for an aggressive response to deal with an ... (WIBW-TV Topeka)
In the administration's most detailed reaction to the steepest housing slump in 16 years, Paulson said that government and the financial industry...
2007-10-16 12:03:55 -
UPDATE 1-Paulson-Housing in "unprecedented situation"-LA Times
Reuters - ... that are due to reset to higher interest rates over coming months, Paulson said his plan could keep...
2007-12-20 02:09:00 -
Paulson says agreement is near on industry-wide effort to freeze ...
CNBC - WASHINGTON - Treasury Secretary Henry Paulson said Monday he is confident there will soon be an agreement to help thousands...
2007-12-03 07:34:00
