Hope Now for Homeowners in Trouble

By
Title Insurance with myClosingSPACE

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. 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Groups:
My other blog is
Tags:
hope now
foreclosure
subprime mortgages
real estate bubble

Spam prevention
Show All Comments
Rainmaker
150,437
Ed Rybczynski
Integrity Real Estate - Havre de Grace, MD
Your Source for Local Real Estate

Mark

Good job! 

Nov 30, 2007 04:39 AM #1
Rainer
28,233
Mark Pilatowski
myClosingSPACE - Manhattan, NY
Thanks Ed. It looks like something that is worth at least watching
Nov 30, 2007 05:03 AM #2
Rainmaker
1,088,849
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate
Mark - Good to point this out. There are a lot of folks hurting out there right now.
Nov 30, 2007 09:18 AM #3
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
28,233

Mark Pilatowski

Ask me a question
*
*
*
*