Democrats call for "mortgage czar," borrower aid (Reuters via Yahoo! News)
Democratic leaders in the U.S. Congress called on Wednesday for the appointment of a "mortgage czar" to help stem a jump in foreclosures and $200 million of fresh funding to help troubled borrowers save their homes.
Record Level of Foreclosure Filings Throughout Massachusetts in Third Quarter of 2007 (Business Wire via Yahoo! Finance)
FRAMINGHAM, Mass.----ForeclosuresMass.com, the leading provider of Massachusetts foreclosure data for investors, real estate professionals and mortgage brokers, released its latest Massachusetts Market Analysis Report today, with data revealing that foreclosure filings in Massachusetts are at record levels, and are impacting urban, suburban and rural homeowners from every corner of the state.
Democrats to call for "mortgage czar": sources (Reuters via Yahoo! News)
Democratic leaders in the U.S. Congress on Wednesday will call for appointment of a "mortgage czar" to deal with a spike in foreclosures and more spending to help troubled homeowners, sources familiar with the plan said.
Democrats press Bush to name mortgage czar (The Washington Times)
Democratic leaders yesterday called for the Bush administration to appoint a federal mortgage czar...
Lenders pressed to pay for advisers (Boston Globe)
The Patrick administration is pressuring mortgage lenders that initiate foreclosures to pony up as much as $6 million to cover the cost of helping up to 8,000 Massachusetts homeowners who may lose their homes next year.