Senators fight to restore counseling funding

By
Services for Real Estate Pros with Scanlon Signing Services

Senators fight to restore the $88 million in funding for the housing counseling programs that were cut from the budget. This cut also includes $9 million just for reverse mortgage funding.

Counseling agencies may have to increase the cost for counseling servicies and limit the number of counselors available.

Little is known about how this program impacts consumers. But one study did show a large percentage of home owners who received this counseling did not re-default.

Sincerely,
Lisa Scanlon, CSA
941-447-7130
www.scanlonsigningservices.com

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