hope now: Hope Now for Homeowners in Trouble
- 11/30/07 04:02 AM
A colleague of mine brought a recent article in the Wall Street Journal to my attention about a new association called Hope Now. It is comprised of a number of major lenders, banks, credit counselors, and other organizations. They want to try and ease the sub-prime fallout by providing help, information, and resources to homeowners who may be facing foreclosure. They are also working with the US Treasury Department to temporarily freeze sub-prime mortgages to try and stem the tide of foreclosures. Here is the new site for the group. I also wrote a post on the myClosingSPACE blog about this. … (3 comments)
A colleague of mine brought a recent article in the Wall Street Journal to my attention about a new association called Hope Now. It is comprised of a number of major lenders, banks, credit counselors, and other organizations. They want to try and ease the sub-prime fallout by providing help, information, and resources to homeowners who may be facing foreclosure. They are also working with the US Treasury Department to temporarily freeze sub-prime mortgages to try and stem the tide of foreclosures. ;)
;)
