Project Lifeline: Bank of America, Citigroup, Countrywide, JP Morgan, Washington Mutual & Wells Fargo

With the credit crunch hitting the U.S. hard, a collection of banks are getting together in “Project Lifeline” with the aim of helping US homeowners.

US house prices are getting depressed thanks to unsold homes and six major US banks are about to announce their plans to offer help to US homeowners with their mortgages Read more