Monday, October 24, 2011

US to rescue borrowers whose loans are worth more than their homes

An estimated 11 million “underwater borrowers” pay on time but are locked into loans The US housing market regulator has agreed to extend a refinancing scheme for borrowers whose loans are worth more than their homes.

Source: http://en.mercopress.com/2011/10/25/us-to-rescue-borrowers-whose-loans-are-worth-more-than-their-homes?utm_source=feed&utm_medium=rss&utm_content=main&utm_campaign=rss

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