Bush Administration Reaches Deal with Lenders
Wednesday, December 5th, 2007In an attempt to slow down the soaring foreclosure rates, lenders, loan servicers and investors reached an agreement with the Bush administration today to a five (5) year freeze on select subprime mortgage loans. The agreement affects Borrowers with loans made January 1, 2005 through July 2007 with rates that are scheduled to adjust January […]
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