HOPE NOW Alliance Adopts Project Lifeline
All HOPE NOW alliance members will officially adopt Project Lifeline no later than March 31, to help more homeowners save their homes. HOPE NOW members are rapidly moving to expand participation in new effort to help distressed borrowers.
“This is another integral step toward a very important initiative that will help more Americans stay in their homes,” said Faith Schwartz, Executive Director of HOPE NOW. “Foreclosures are bad for everyone, and servicers are committed to helping homeowners who want to stay in their homes avoid foreclosure. Project Lifeline is in addition to our many other outreach initiatives. ”
President Bush Signs the Economic Stimulus Act of 2008
Source: www.whitehouse.gov
Technorati Tags: Economic Stimulus Act of 2008, Economic Stimulus Plan, Economic Stimulus Bill, HOPE NOW Alliance, Project Lifeline
Six Leading Mortgage Servicers Announcing Project Lifeline
Statement by Secretary Henry M. Paulson, Jr.
on New Private Sector Effort to Reach Homeowners Facing Foreclosure
Washington, DC– Good morning. Thank you, Secretary Jackson, for joining us. We are going to provide an update on the HOPE NOW alliance’s efforts to help struggling homeowners and – as Floyd Robinson of Bank of America, speaking on behalf of six leading mortgage servicers, will announce – an additional, important effort targeting those facing the greatest, immediate risk of losing their home.