09.20.08
Foreclosure News after the Scary time !
After the smoke has settled on a quite turbulent week on Wall Street
all because of mortgage backed securities and the debacle ensued thereafter
what kind of news on the foreclosure front is there?
Now the government has bailed out mortgage giants Democrats in Congress
are drafting a bill that could help out homeowners in a similar fix.
Congress wants the government to use its new leverage to slow foreclosures and cap compensation for the Wall Street chiefs whose companies are being bailed out.
Read the full story here:
Politico: Dems plan to prevent foreclosures….
