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Last updated 8:34PM ET
May 23, 2018
WFCR Local News
WFCR Local News
5 Banks Contribute to Mortgage Relief Fund
The Federal Reserve Bank Building in Downtown Boston
(wfcr) - Five banks announced at the Federal Reserve in Boston Thursday that they have committed a total of $125 million to a mortgage relief fund. WFCR's Kevin McNicholas reports the fund is designed to help some borrowers in New England avoid foreclosure on their homes.

The participating institutions are Bank of America, Citizens Bank, Sovereign Bank, T-D Banknorth and Webster Bank.
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