Plan to help distressed borrowers falls short

Lenders stuck with deciding who qualifies for help, how to handle REOs
Published on Jan 9, 2008

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by CareyBot

Various segments of the housing industry have floated “what-if” balloons regarding possible solutions for the national mortgage mess. The latest has been the Bush administration’s roundtable discussion with lenders about the possibility of extending lower, introductory rates on mortgages to ...