Mortgage Expert Ellen Seidman interviewed with KPCC radio, please listen to the interview here.
"In an agreement that is set to be publicly announced by the Bush Administration on Thursday, December 6, a five-year freeze will be put on interest rates for certain subprime mortgages. The plan hopes to alleviate the growing number of foreclosures in the U.S., and the housing slump which is already aggravated financial markets." ... Please visit the KPCC website.
