Mar 18
Mortgage arrears cases fall by 4%
Total number of mortgages in arrears in 2009 below predictions, as government continues to promote options available to struggling borrowers The number of borrowers behind with mortgage repayments fell by 4% in the last quarter of 2009, as low interest rates continued to help homeowners meet their monthly bills, figures showed today. By the end of last year 378,000 mortgage accounts were in …
Read more on Guardian Unlimited
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Mar 12
Government mortgage plan aids 16% of borrowers
The Obama administration’s mortgage relief plan has helped only about 16% of borrowers who signed up since its launch last year, while hundreds of thousands of homeowners remain in limbo.
Read more on USA Today
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