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A Lifeline for Delinquent Mortgage Borrowers URL: http://www.bankrate.com/brm/news/mortgages/20080214_project_lifeline_a1.asp Description: This February 2008 article describes the public-private Project Lifeline, "billed by Treasury Secretary Henry Paulson as 'a targeted outreach to homeowners 90 days or more delinquent that may lead to a pause in the foreclosure process.'" This project "covers all residential mortgages, not just subprime loans. The project comprises six of the biggest mortgage servicers: Countrywide, Wells Fargo, CitiMortgage, Chase Home Finance, Washington Mutual and Bank of America." From Bankrate. LII Topics: Housing, Mortgages Author: Lewis, Holden Publisher: Bankrate, Inc. LII Database Information: Record 25614 created by Maria Brandt on 03/03/2008 Last modification on 03/05/2008 Published: 03/13/2008 Funding agency: California State Library LII Item ID: http://lii.org/cs/lii/view/item/25614 |
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