Finance
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New Safety Net for Unemployed Homeowners
Apr 28, 2009Car dealerships everywhere are blaring the incentive of payment protection plans, offering to cover car payments up to an amount for a certain period of time, should a borrower lose his job. Oklahoma City-based First Mortgage Company launched a similar initiative Today. The company said it will pay homeowners’ monthly loan payments for up to six months if the homeowner becomes unemployed within the first two years of the loan. The program, Job Loss Payment Protection, covers payments of up to $1,800 per month, if one of the signers on the loan loses his or her job.
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Senate Opposition May Cram the ‘Cramdown’
Apr 28, 2009 -
Treasury Sets Up Second Lien Solution
Apr 28, 2009 -
BofA, Citi May Need to Boost Capital: WSJ
Apr 28, 2009 -
Wilbur Ross Prepares $1 Billion PPIP Investment
Apr 28, 2009 -
Treasury Preventing Depression? EESA Watchdog Reports
Apr 27, 2009 -
Three Big Banks Need Funding: WSJ
Apr 27, 2009 -
Fed Ideal Interest Rate at -5%
Apr 27, 2009 -
Four Bank Failures Cost FDIC $700 Million
Apr 27, 2009 -
Bank of America Rebrands Mortgage Operations
Apr 27, 2009 -
HEART Adds JP Morgan, WaMu Veteran
Apr 27, 2009
