Gov't increases pressure on mortgage industry

Treasury 怒了 -- mortgage industry could be sanctioned for poor results in mortgage plan.

@@Mortgage finance company Freddie Mac has hired an outside company Titanium Solutions Inc. to send real estate agents around the country to knock on borrowers' doors and help them complete the paperwork.@@

Homeowners who may be eligible for assistance can call 888-995-HOPE, or visit the Web site http://www.makinghomeaffordable.gov

11月30号: http://www.makinghomeaffordable.gov/pr_11302009.html

In the mean time, rate dipped to record low!! I emailed many of my clients and neighbors and friends that the good rate -- 4.875 for high balance and no cost. This rate is really good. But I got a feel that the rate will dip again. So we will see.