Americans for Financial Reform

News Category: AFR in the News

In the News: Banks Fall Short on Mortgage Help

Banks Fall Short on Mortgage Help Govt. Report Shows 15 Percent of Eligible Borrowers Offered Help; Bank of America, Wells Fargo Lag Behind Other Big Banks By MATTHEW JAFFE and ALICE GOMSTYNAugust 4, 2009 Fewer than one in five homeowners eligible for the Obama administration’s loan modification program…  (/ABC News/AP Photo) The Treasury Department today