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Is the Mortgage Industry Bankrupting Black America? »

Posted by: tehranchik 1 month, 3 weeks ago

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The Senate deal had enough support to override a presidential veto. But more than 2 million loans were at least sixty days delinquent in April, according to data from the Hope Now program, set up by the banking industry to facilitate voluntary workouts of troubled loans. Which means Washington will ultimately have to revisit the question of how to

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    Amazing11 month, 3 weeks ago

    Recession? I say DEPRESSION! And the way the lenders have been treating the public is reprehensible to say the least. It is the lenders who sold these people these outrageous loans who should be losing out. Reading this story made me want to contribute to a fund for George and his family. How tragic. He owes more on the house than it's worth. And he's spent more than forty years of his life in that place. Shame on the lenders.

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    tehranchik

    Well, I'm from and live in the Pacific Northwest. I did live in the middle east during the late 70's and early 80 ...

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