Mar 23rd 2012 12:00PM
NEW YORK -- Bank of America says it has begun a pilot program offering some of its mortgage customers who are facing foreclosure a chance to stay in their homes by becoming renters instead of owners. The "Mortgage to Lease" program, which was launched this week, will be available to fewer than 1,000 BofA customers... Continue Reading »
Mar 25th 2011 1:55PM
Federally funded foreclosure relief will likely be less available to distressed homeowners as the Obama administration reduces the number of homeowners entitled to such aid, according to a story published today by Shahien Nasiripour of The Huffington Post. Facing pressure from major mortgage lenders and seven Republican... Continue Reading »
Nov 18th 2009 1:00PM
It doesn't hurt to ask. That's the lesson learned from a new program in Philadelphia which is helping homeowners stay in their foreclosed property. The initiative is working so well that it's getting praise for being better than the Obama administration's $75 million program and being considered as a model for other states... Continue Reading »
