On Tuesday, about two dozen protestors went to Orange County Court house to protest agenst lack of help from the governor appointed task force whom they believe is not doing enough to stop predatory lending practices.

It is believed that subprime borrowers might become homeless soon and the protesters wanted to have their voices heard by others who would listen.

The Governor's Home Ownership Promoted the Economy Task Force last week presented its recommendations to the Legislature.  Some of their concerns included but were not limited to the shifting of money from the state's down-payment assistance program for now with the intention of helping homeowners in foreclosure keep their homes. While another recommendation calls for lenders to disclose when borrowers qualify for something other than a subprime loan and to specify any financial benefits the lender gets for selling subprime loans.

 
This post has been included in Florida Information Orange County, FL Information
Post is included in group: Realtors®
Post is included in group: REO
Post is included in group: Posts to Localism

0 Comments on Stop Foreclosure....

Leave a response…



(optional)
What does the graphic say?
 
Rainmaker_large

Netta Blackwood - REO/BPO Expert

Kissimmee, FL

More about me…

Keller Williams Realty At The Lakes

Cell Phone: (407) 334-5391

Email Me

Looking For Reliable Information About Central Florida and Surrounding Areas...Then You Have Come To The Right Place....Choose A Realtor With A Difference - Willing To Go Above & Beyond To Help You Fulfill Your Real Estate Needs.


Links

Archives

RSS 2.0 Feed for this blog

Find FL real estate agents and Kissimmee real estate on ActiveRain.