Archive for October, 2009

Ruth Simon Wall Street Journal 4/10/09
Some of the nation’s biggest lenders, including Bank of America Corp., J.P. Morgan Chase & Co. and Wells Fargo & Co., are beginning to roll out a new program established by the Obama administration as part of its housing-rescue plan to help refinance homeowners who otherwise couldn’t get new loans.
In [...]

By Ralph Roberts
The Treasury Department recently released a report, which include eligibility requirements to determine which homeowners qualify for relief under the plan. Following are the eligibility requirements as specified in the guidelines:

Mortgage must have originated on or before January 1, 2009.
Home must be [...]