| | | State Regulator's Group Finds Loan Mitigation Efforts "Disappointing" | | | Thu, 2 Oct 2008 06:18:58 EST
The third quarterly report of the State Foreclosure Prevention Working Group was issued on Monday by the Conference of State Bank Supervisors (CSBS.)? The group was established to assess the performance of the servicers in working to mitigate foreclosures. The working group found that new efforts to prevent foreclosures are on the decline, in spite of a temporary increase in loan modifications in the 2nd Quarter of 2008.?? The number of homeowners working toward a loan modification has fallen to the lowest level since late in 2007. This 28% decline of loan modifications...
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| CNBC Videos 10/2/2008 8:46:10 AM Discussing the bailout add ons and when the Fed will step in and reduce the overnight lending rate, with CNBC's Steve Liesman & Dick Armey, FreedomWorks |
| CNBC Videos 10/1/2008 10:33:14 PM A statement from Treasury Secretary Hank Paulson, with CNBC's Rebecca Jarvis, followed by a press conference with Sen. Majority Leader Harry Reid (D-NV) and Sen. Mitch McConnell (R-KY); Sen. Judd Gregg (R-NH); Sen. Chris Dodd (D-CT). |
| CNBC Videos 10/2/2008 4:13:33 AM It is possible that we could see a repeat of the 'Great Depression', opines Ilian Mihov, professor of economics at INSEAD. He tells Dariusz Kowalczyk, chief investment strategist at CFC Seymour & CNBC's Amanda Drury why. |
| CNBC Videos 10/2/2008 6:45:30 AM A reaction to the bailout, with Brian Gardner, KBW Washington research analyst |
| CNBC Videos 10/2/2008 8:10:39 AM The government's new plan aimed at helping homeowners avoid foreclosure, with Steve Preston, HUD secretary |
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