Program helps homeowners avoid foreclosure

Program helps homeowners avoid foreclosure
Oregon homeowner who are 30 days or more late on their mortgages, or who have a verifiable financial hardship, can now request a face-to-face meeting with their lender to discuss options to avoid foreclosure. This is possible due to … The revamped …
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Cleveland Is Ready To Rock: Are You?
"Even if you can get just one person to move in and become a steward of a [foreclosed] property it immediately begins to have a financial return at the city level,” Beattie said. Beattie explained that it costs the city of Cleveland $ 10,000 to demolish …
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Why the Nation's Housing Market Needs Mel Watt
In recent years, the agency's myopic focus on restoring the short-term health of Fannie Mae and Freddie Mac—the nation's housing-finance engines—has harmed not only individual families but also the housing market as a whole and is stifling a robust …
Read more on Center For American Progress

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