Tag Archives: underwater mortgages

Banks agree to mortage settlement

Five of the largest banks in the nation agreed to a deal with 49 states settling charges of abusive and negligent foreclosure practices since 2008.   The deal was announced on Thursday February 9th, the banks will change the way … Continue reading

Posted in Economy | Tagged , , , , , , | Leave a comment

Obama’s new home refinancing plan

The Obama administration uncovered its plan to help homeowners refinance their mortgages with historically low rates. The plan would allow homeowners current on their mortgage to save an average of $3,000 a year by refinancing into loans backed by the … Continue reading

Posted in Economy, Harker Heights Real Estate, Killeen Real Estate | Tagged , , , | Leave a comment