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C.-established Financial off The usa, which purchased Calabasas, Calif Which have calls expanding to possess more powerful action to greatly help troubled property owners, borrower advocates is actually hailing home financing-amendment system getting implemented of the Bank out-of The usa Corp.'s Nationwide unit as the utmost challenging effort yet , to help you avoid foreclosure. A switch lawmaker try demanding your rest of the family-mortgage community adopt the application form, that has been required from the a settlement of state legal actions alleging one Countrywide consumers was in fact systematically cheated to your taking out fully unaffordable financing. Past tries to personalize mortgage brokers, including a freeze into the subprime "teaser" interest rates promoted from the Treasury Assistant Henry Paulson Jr. last year, features...

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