Feb 12 2008
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.