Industry News

Five banks commit $125M for New England refis

38,000 might qualify, but pilot program would fund 500 mortgages
Published on Dec 21, 2007

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by CareyBot

Five banks have committed $125 million to help New England homeowners with good payment histories refinance out of high-cost loans or avoid interest rate resets on adjustable-rate mortgages. At least 38,000 borrowers in six New England states may be eligible ...