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Although he is not pleased with some parts of the housing bill, U.S. Treasury Secretary Henry Paulson said it was easy for him to recommend to President George W. Bush to sign a housing rescue package into law on Wednesday. On Tuesday, lawmakers reached an agreement over a bill geared at alleviating...
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An administration official stated on Tuesday that the White House was involved in discussions with mortgage industry officials about expanding the current interest rate freeze program announced shortly before Christmas to other at risk borrowers. Secretary of the Treasury Henry Paulson, in an interview...
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Several hours before President Bush announced the details of his administrations plans to assist homeowners who are facing foreclosure the Mortgage Bankers Association released its delinquency survey for the third quarter. The survey showed that the number of loans in the foreclosure process and the...