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News:

 Lawsuits Begin to Spill Out of Subprime MessFOXBusiness -Feb 1, 2008Many of these suits allege that homeowners weren’t told 1) they had agreed to adjustable rate mortgages with interest rates that would increase after two or ...
 Experts: Tackle foreclosure threat quicklyWestlake West Life, OH -6 hours agoPossible remedies lenders may be willing to offer, Sandhu said, are a repayment plan, a loan modification (where the adjustable interest rate is changed to ...
 AFPThe struggle to hang onto 'American Dream' in mortgage crisisAFP -Jan 27, 2008When they bought the house in 2003 for 44000 dollars, the Wilborns were paying 470 dollars a month to a bank which gave them an adjustable rate mortgage...
 The Plain Dealer - cleveland.comThe Foreclosure Crisis: How it all beganThe Plain Dealer - cleveland.com, OH -Jan 19, 2008John Jackson, 40, and his wife signed for a subprime, adjustable-rate loan on a $135000 house in Parma. As a cancer survivor with big medical bills and a ...
 AFPAmericans turn to support groups to keep homesAFP -Jan 27, 2008Banks sometimes will offer to transform a delinquent adjustable rate mortgage into a fixed-rate loan and lower some interest rates to accommodate the ...