missed payment: Looking Out for the Homeowner
- 04/09/08 01:28 AM
While the rest of the country may be waiting for the Federal government to figure out a solution to the housing/foreclosure crisis, the great state of Illinois is, once again, ahead of the pack! "There have been far too many foreclosures in Illinois," State Treasurer Alexi Giannoulias has said. Foreclosure filings in Illinois jumped 55% in 2006 to 72,455 and are expected to increase through 2008. Giannoulias drafted a measure to make it easier for homeowners to refinance mortgages by expanding the treasurer's current "Our Own Home" program so that the office can refinance a mortgage before a borrower misses a payment and … (1 comments)
While the rest of the country may be waiting for the Federal government to figure out a solution to the housing/foreclosure crisis, the great state of Illinois is, once again, ahead of the pack!
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