At Last, One Government Agency Considers Cutting Mortgage Principal For Distressed Homeowners
FDIC Chairman Sheila Bair indicated Thursday that she is exploring the idea of reducing the principal on as much as $45 billion in mortgages her agenc...
FDIC Chairman Sheila Bair indicated Thursday that she is exploring the idea of reducing the principal on as much as $45 billion in mortgages her agenc...
Huffington Post | Ryan McCarthy | Posted 11.24.2009 | Business
First the good news: The number of Americans who owe more on their mortgages than their homes are actually worth is not as high as many thought. In Au...
Mainstreet | Brian O'Connell | Posted 10.16.2009 | Business
You wouldn't know it from the national media, but just because your home loan is underwater -- meaning you owe more than the house is worth -- that do...
Daily Mail | Becky Barrow | Posted 08.12.2008 | Business
More than one in 10 mortgages are in negative equity or close to being plunged into it, one of the world's biggest banks admitted today. HSBC said it...
HuffingtonPost.com | Shahien Nasiripour | Posted 12.04.2009 | Business