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banks, refinance
(Image from article: "Foreclosure deal near as banks win more immunity")

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Foreclosure deal near as banks win more immunity

Foreclosure deal near as banks win more immunity

Talks between states and top banks over mortgage abuses are nearing agreement on a major sticking point that has bogged down settlement negotiations for more than a year.

Senh: The sooner they get this done, the better. The sad part of all of this is that people who have been current with their mortgage payments can't even take advantage of today's low mortgage rates and refinance because their homes are underwater. Although I kinda feel like we're letting the banks off too easily.

 

Rates Are Low, but Banks Balk at Refinancing

Rates Are Low, but Banks Balk at Refinancing

The plight of homeowners unable to refinance despite massive aid to banks is a volatile political issue.

 

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