Close Close Comment Creative Commons Donate Email Add Email Facebook Instagram Facebook Messenger Mobile Nav Menu Podcast Print RSS Search Secure Twitter WhatsApp YouTube

Bailout for Breakfast

Good morning! The administration's $50 billion mortgage modification program is out of the gate, and six major mortgage servicers have signed up to win billions in incentives. Four of the six participants have already gotten bailout money: JPMorgan Chase, Wells Fargo, Citigroup and GMAC. Under the program, they'll get payments from the government for every modification that meets certain guidelines.

Other links this morning:

Latest Stories from ProPublica

Current site Current page