Treasury provides $3B more for foreclosure program

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.

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Posted in Political News | 1 Comment

One Response to “Treasury provides $3B more for foreclosure program”

  1. Alison Gross says:

    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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