Oct
AP - JPMorgan Chase & Co. on Friday became the latest major bank to beef up its mortgage modification efforts as the government also considers a plan to help homeowners avoid foreclosure.
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Oct
Reuters - Federal Reserve Chairman Ben Bernanke said on Friday that U.S. backing for the debt issued by home mortgage finance firms Fannie Mae and Freddie Mac in their current form must stand firm, even though it is appropriate to debate their future.
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Oct
Reuters - U.S. backing for debt issued by government-sponsored mortgage finance enterprises Fannie Mae and Freddie Mac must stay firm, even as the future of the firms is debated, Federal Reserve Chairman Ben Bernanke said on Friday.
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