Tag Archives: financial hardship

Over One Million Enroll In Obama’s Mortgage Modification Scheme

Only 170,000 have completed the paperwork, while 1.1 million home owners have begun the process. The program is having a tiny impact on America’s high rates of foreclosures. Las Vegas is hard-hit by foreclosures but fewer than 4,000 homeowners have … Continue reading

Posted in Banks, Foreclosure, mortgage, Politics | Tagged , , , , , | Comments Off on Over One Million Enroll In Obama’s Mortgage Modification Scheme

Taking A Mortgage Holiday

Here’s a report from New Zealand: All the major banks offer three-month mortgage holidays, designed to give financial breathing space to customers experiencing life changes such as having a baby, an unexpected illness or job loss. Lawrence Diack, from Approved … Continue reading

Posted in new zealand | Tagged , , , , , , , , , , , , , , , , | Comments Off on Taking A Mortgage Holiday