1 Articles match "Bank of America","Columbus"
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Lenders help their customers curb foreclosures
Banks are increasingly testing new strategies to help curb mortgage delinquencies . Bank of America Corp. NovaStar’s Launch-Point program has helped more than 1,036 NovaStar borrowers find work without charging them a penny, according to the Columbus Dispatch . Each foreclosure costs about a third of the value of the loan. As borrowers falling behind on their mortgage payments increase in number, they are getting help form an unlikely source — the mortgage industry. To prevent potential problems, National City Corp. —
www.foreclosurepulse.com
- Tuesday, December 16, 2008
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The Best from RealtyTrac
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MORE
|
-
Lenders help their customers curb foreclosures
Banks are increasingly testing new strategies to help curb mortgage delinquencies . Bank of America Corp. NovaStar’s Launch-Point program has helped more than 1,036 NovaStar borrowers find work without charging them a penny, according to the Columbus Dispatch . Each foreclosure costs about a third of the value of the loan. As borrowers falling behind on their mortgage payments increase in number, they are getting help form an unlikely source — the mortgage industry. To prevent potential problems, National City Corp. —
www.foreclosurepulse.com
- Tuesday, December 16, 2008