Great news for mortgage holders. Now we hear not only is Citigroup going to help 500,000 homeowners but we also have JPMorgan Chase stopping foreclosures by easing payments. JPMorgan Chase will help 650,000 homeowners over the next 2 years. Bank of Amercia also announces they will support $120billion of unpaid loan balances plus invest another $11billion in helping homeowners reducing their mortgage payments. To date they have already supported 226,000 mortgages to date. This is great new but how are we going to help people get their jobs back to continue paying their mortgages?
Posted by: clafinancial | November 12, 2008
More assistance for mortgage holders
Posted in Stock Market
