Statement From Michael Calhoun - President, Center for Responsible Lending

Statement From Michael Calhoun - President, Center for Responsible Lending WASHINGTON, March 19  /PRNewswire-USNewswire/ — The Federal Reserve Board has repeatedly tried since September to contain the foreclosure crisis damage that’s spreading rapidly into the general economy. It has lowered key interest rates a half dozen times and, to quote the Wall Street Journal, “undertaken the broadest expansions of its lending authority since the 1930s.” […] more…

Foreclosure fears grow - Boston Herald Posted by: in Foreclosure Foreclosure fears grow Boston Herald, United States - 11 minutes ago By Scott Van Voorhis Another bailout package may be in the cards for struggling Bay State homeowners as a continuing surge in foreclosures raises alarm on … Original Post By Google News Click Here For The Entire Article No Comments » more…

Tags: foreclosure, home equity loan