Treasury Delay on Bank Home-Equity Debt Imperils Housing Pickup (Bloomberg)
January 19, 2010 by
Filed under Debt Consolidation, Debt Settlement
Jan. 19 (Bloomberg) — The U.S. Treasury Department has failed to win agreements to get struggling borrowers’ home- equity debt reworked, among the biggest roadblocks to reducing foreclosures that may reach a record 3 million this year.