The Government is Urging Mortgage Lenders to Help Homeowners

Due to slow results from the ongoing foreclosurehelped by Government money. To make things even
prevention stimulus efforts, President Obamasbetter for consumers, and to shame the companies
administration will spend the next few months carefullywho are not helping, a list will be published on the
checking out mortgage lenders and banks who haveinternet of companies that are not doing enough to
not done enough to help homeowners at risk of losinghelp homeowners.
their home.This should push lenders and banks who could do
This past Monday, officials from the Treasurymore, to do so. This means that getting a mortgage
Department said that they are going t increase therefinance right now is easier, and better, than it ever
pressure on over 70 companies who are taking part inhas been for millions of homeowners.
the Governments $75 billion mortgage bailout programThat is good news, and a big relief to many people
designed to prevent foreclosures. Beginning this week,who are truly at risk of losing their home. Many
small groups of Government monitors will be sent tohomeowners are hurting from the bad economy, and
each of the right biggest lenders and banksworse housing market. Do not be a victim. Get the
participating in the stimulus plan.help you need today and contact a mortgage lender
They will monitor all of the work done in the refinancingor bank and ask about the stimulus plan, and how it
and foreclosure departments, and get 2 reports dailycan help you.
on the progress of refinancing or modifications to loans