Today Bank of America agreed as part of a settlement with 11 states to offer relief for 400,000 borrowers. The $8.4 Billion deal comes just days after the US govenrment approved a $700 billion bailout that included tons of pork. So much pork that no room
could be found for forclosure assistance. Wooded arrows made the cut. Check out the NY Times article
here. For another view, read the Reuters article
As always, we are on the hunt for positive news about the Real Estate market, financial markets, or local Kent county / Sussex county updates. Send yours today!