` Mortgage Lenders Offer Plan For Troubled Homeowners

Mortgage Lenders Offer Plan For Troubled Homeowners

on Jan 25, 2012 in Fox News, Media Center by Ed Butowsky | No Comments »

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In a new deal being reviewed by state governments, the nations five largest mortgage brokers, Bank of America, Wells Fargo, JPMorgan Chase, Citibank, and Ally, would pay out as much as $25 billion. Most of this money would go to reduce the principal that struggling homeowners owe on their mortgages. The total payout is just pennies on the dollar. Furthermore, who decides who gets this help? Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox News to discuss what these banks are trying to do and to whom they are trying to help.

Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
 


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About Ed

Ed Butowsky is a nationally-recognized expert in investment management. Butowsky has been in the financial services industry for over 25 years. He was previously a Senior Vice President at Morgan Stanley and a Managing Director ... More »

Contact

Ed Butowsky, Managing Partner
Chapwood Capital Investment Management, LLC
Website: www.chapwoodinvestments.com
Email: ed@chapwoodinvestments.com
Phone: (972) 865-2225