Fred Harteis News Articles - After prodding from the Bush administration, a group of major mortgage lenders will allow some homeowners facing foreclosure to delay losing their homes for 30 days.

The plan, announced by the Treasury Department on Tuesday, was described by officials as an incremental step toward alleviating the broader problems currently roiling the housing and mortgage markets. And the scope and actual impact of the plan remained unclear.

The plan, called Project Lifeline, applies only to borrowers who have missed more than three months of ...   more »