A recent article by the Huffington Post’s Peter Goodman showed how one homeowner from the Bronx has continued to struggle to save her home because of the outrageous treatment she’s received at the hands of the bank that services her loan. Reporting with painstaking detail the obstacles Bank of America has thrown up as Katie [...]
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By now, I’m certain that you’ve heard about the historic $25 billion National Mortgage Servicing Settlement. Along with 49 state attorney generals, the Federal government reached an agreement with the Nation’s five largest loan servicers to hold the banks accountable for their actions and to provide relief to distressed homeowners. It is our goal to [...]
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Did you know that bogus mortgage modification schemes made the Better Business Bureau’s list of “Top 10 Scams of 2011?” To mark National Consumer Protection Week, HUD is launching the second phase of “Know it. Avoid it. Report It.”, an anti-scam prevention campaign designed to educate consumers on loan modification and foreclosure scams. Con artists [...]
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Yesterday, in Los Angeles, the White House, HUD and Neighborworks honored eleven housing counselors and HUD-approved organizations for their tireless efforts in their communities. Since the beginning of the housing crisis, housing counselors have been on the front lines battling against foreclosure and educating their communities on their housing rights. One of the Champions recognized [...]
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Tomorrow, the White House, HUD, and Neighborworks will join together to honor eleven housing counselors and HUD-approved organizations as Champions of Change for their hard work, perseverance and dedication to their communities. Their outstanding commitment and achievement represent the work of thousands of housing counselors across the country. From preventing the foreclosure of homes to [...]
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