treasury officials

Lenders Pressed to Hurry Help

Treasury officials met with about 10 leading mortgage firms yesterday to figure out why they have not helped more distressed homeowners, pressing the lenders to do better.

Deal reached in U.S. on freezing some mortgage rates (International Herald Tribune)

The plan, hammered out after weeks of talks among Treasury officials, mortgage lenders and Wall Street firms, would allow distressed borrowers who are current on their payments to keep their low introductory rates.

Syndicate content