Treasury provides $3B more for foreclosure program

by Moe Bedard on June 17, 2009 · 1 comment

in Government

WASHINGTON (AP) — The government will provide another $3.1 billion to a group of mortgage servicing companies as an incentive to modify loans to combat record levels of foreclosures.

The Treasury Department said Tuesday that the modifications, which included reductions in projected payments for some companies, pushed the total amount for the program to $18.3 billion, from $15.2 billion.

Read more from the AP

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1 Alison Gross June 19, 2009 at 6:38 am

I had an offer from Well Fargo sent to me on April 21 ,2009.They want me to collect all my information and sent in a payment by April 25,2009.The agreement had no terms and agreement.When i tried to call them on June 4, 2009, the lady from Lippons loan serving in Houton Texas was very nasty and said that if I dont sent in the payment and signed papers which i dont know what they are offering the deal is off.
Please help if you can.
Alison Gross
2512 Ridge ave
Egg Harbor Township
New Jersey,08234
e-mail akgborgata@aol.com
( no money chronical ill child)

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