WASHINGTON: Over the coming weeks and months, the Treasury Department, other federal officials, financial service associations, and consumer advocacy groups are expected to bolster outreach to the public and policymakers as the housing mortgage crisis deepens and increasingly threatens the US economy.
Among other efforts, the Treasury will continue touting a recently announced plan to
temporarily freeze introductory rates on some sub-prime mortgages. The department also plans to emphasize the importance for struggling homeowners to reach out to mortgage lenders or ...