Tag:
Foreclosure Prevention
Latest Headlines
Latest Headlines
Citi PR campaign continues
Citigroup ( C ), perhaps a bit more quietly than Goldman Sachs ( GS ), is on something of a PR campaign itself. It's getting CEO Vikram Pandit out into the farther domestic reaches of what's still a large, near-national bank. The company lines up the local media whenever it ventures out and th
Bank of America, slow on modifications?
Bank of America ( BAC ) has been hampered by many things in efforts to modify mortgages. There were plenty of little problems, like adapting its computer systems and fax machines. There were some strategic problems, like its overly conservative approach that required borrowers to "document their
More on the Obama plan
The Obama Administration has offered more information about the foreclosure prevention program, though more details will likely trickle out later. The $75 billion program would give homeowners principal reductions of $1,000 a year for five years if they maintain payments. It would also and give le
