Their Mortgage

Mortgage giants to pay $26B in huge foreclosure settlementFlorida homeowners behind on their mortgage payments, whose properties are worth less than their loan amounts or who lost their house to foreclosure may be eligible for lower interest rates, principal reductions or even cash under a $25 billion deal billed Thursday as the largest consumer-finance settlement in U.S. history.Orlando Sentinel - Feb 09 01:30pm
Mass Refi Plan Would Hit Pensions While Easing Mortgage PaymentsLike many homeowners, Vicky Kovari and her husband want to refinance their mortgage. A lower interest rate would save them hundreds of dollars a month -- and it would cost them, too.Bloomberg - Feb 08 08:54am
Mortgage deal provides limited relief to foreclosed homeownersAbout 20,000 Missourians who lost their homes to foreclosure could be eligible for checks of roughly $2,000 under a nationwide settlement between five giant banks and attorneys general for 49 states, including Missouri and Illinois.St. Louis Post-Dispatch - Feb 09 09:41pm
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