Wednesday, May 6, 2009

Beware of foreclosure counseling scams - Detroit Free Press

More than 3,000 people came to the foreclosure forum at Ford Field last week, and we foreclosure mitigation counselors with the Housing Opportunity Center at Southwest Solutions saw more than 100 of them -- home owners who were all at risk of ..., more 
and Senate Aims to Overhaul Troubled Foreclosure Prevention Program - Washington Post  The Senate today approved a housing bill aimed at addressing the country's growing foreclosure problem, including revamping a troubled government foreclosure prevention program. The bill passed 91-5 after an amendment to allow bankruptcy judges to ..., more 
and Senate passes key legislation to ease terms of mortgages - Charleston Daily Mail  WASHINGTON - Trying to curb home foreclosures, the Senate voted on Wednesday to make it easier for homeowners with risky credit to switch to a lower-cost mortgage backed by the government. The bill, passed 91-5, also would give banks a break by ..., more 

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