Continue Reading Add comment March 24th, 2010
Bank of America announced Wednesday that it will first look at reducing the loan balances of certain distressed homeowners with subprime or adjustable rate mortgages to make their payments more affordable.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/aRfh1u27iek” height=”1″ width=”1″/ Read more »
Continue Reading Add comment March 24th, 2010
Sales of new homes fell to a record low in February, according to a government report released Wednesday, as the glut of foreclosed homes and a weak economy dampened the housing market.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/j2-EuURZPtg” height=”1″ width=”1″/ Read more »
Continue Reading Add comment March 24th, 2010
President Obama’s foreclosure prevention program will likely fall far short of its goals and may even do more harm than good, a government watchdog said Tuesday.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/U79m3E__P9A” height=”1″ width=”1″/ Read more »
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