Bank of America Will Reduce Loans for Underwater BorrowersBank of America Will Reduce Loans for Underwater BorrowersBank of America is providing mortgage relief to about 200,000 homeowners.Associated PressAssociated Press
Obama: Mortgage Deal Turns Page on “Reckless” EraObama: Mortgage Deal Turns Page on “Reckless” EraPresident Barack Obama says a $25 billion settlement between mortgage lenders and states over foreclosure abuses "will begin to turn the page on an era of recklessness that has left so much damage in its wake."Associated PressAssociated Press