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Hardworking arrow News arrow Business arrow Business arrow Lending giant moves indicate cooperation (AP)
Lending giant moves indicate cooperation (AP)
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AP - New moves by finance giant Freddie Mac and a major lending institution involving billions in high-priced mortgages may mean that the urgings of regulators and lawmakers for help to distressed homeowners are bearing fruit. But the complexity of the mortgage business sets up a difficult balance between the goal of stemming foreclosures and the need to keep the market robust, experts said Wednesday.
Read more at: http://us.rd.yahoo.com/dailynews/rss/personalfinance/*http://news.yahoo.com/s/ap/20070418/ap_on_bi_ge/risky_mortgages.
 
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