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  • Spain: government announces mortgage aid AP via Yahoo! News - Nov 03 5:59 AM Spain's government, grappling with soaring unemployment and an economy buffeted by the global credit crunch, announced a plan Monday to help families make mortgage payments and reward businesses that hire.


  • Spain unveils mortgage relief plan for families CNN - Nov 03 5:53 AMSpain's socialist government will permit about a half-million families to delay some of their mortgage payments for two years in an effort to stimulate Spain's economy.


  • JPMorgan ramps up to modify $70B in mortgage loans USA Today - Nov 02 10:42 PMJPMorgan Chase & Co. said Friday it is expanding its program to modify mortgages in an effort to avoid foreclosures on up to $70 billion in loans.


  • Spain Lets Jobless Postpone Half of Mortgage Payments (Update2) Bloomberg - 2 hours, 33 minutes agoNov. 3 (Bloomberg) -- Spain will allow unemployed workers to put off paying half their monthly mortgage payments for two years, Prime Minister Jose Luis Rodriguez Zapatero said today, part of a series of measures aimed at softening the impact of a shrinking economy.


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