Alert icon
We're changing our privacy policy. This stuff matters.  Learn more  Dismiss

Foreclosure relief plan unveiled

Loading...

Sign in or sign up now!
1,957
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Feb 12, 2008

Feb 12 - Top lenders and Bush Administration outline plan for pause in mortgage foreclosures. Lenders said they do not foresee an open-ended freeze on foreclosure proceedings but would offer borrowers a reasonable grace period.Deborah Lutterbeck reports.

Category:

News & Politics

Tags:

License:

Standard YouTube License

  • likes, 0 dislikes

Link to this comment:

Share to:
see all

All Comments (4)

Sign In or Sign Up now to post a comment!
  • who the hell is going to bailout the over taxed taxpayer

  • The newly elected President Barack Obama could enact(once he takes office)to federally mandate long term loan modification's (interest) on behalf of all Americans with ARM Negative (sub-prime/ deferred interest) mortgage loans (the main reason for foreclosures) at a low interest rate (fixed by the Federal Reserve Bank) for 40 & 50 year's, depending on income. Leaving it up to the bank's to do this is akin to putting the fox in the hen house to protect them.

  • 90 days? alot of lenders tell you they dont even want your payments anymore if your late past 30 days even if you tell them you have the payment

Loading...

0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more