Grants, Financial Aid, Assistance and Help Available for Home Owners at Risk
Summary
Press Releases Federal Banking Coop Press Release Share Blog Receive press releases from Federal Banking Coop: By Email PDF Version RSS Feeds: Grants, Financial Aid, Assistance and Help Available for Home Owners at Risk The Federal Foreclosure Assistance Center today announced the availability for financial aid, grants and assistance for Home Owners at risk of foreclosure due to subprime mortgage loans “Foreclosures are at record levels in our country, hurting homeowners and weakening our economy,” said Dodd.We must implement effective reforms to mortgage lending practices in order to keep American families in their homes and restore confidence in our markets.” The Homeownership Preservation and Protection Act will: (proposed by Senator Dodd on 12/18/2007) • Establish new protections for all borrowers.• Provide for limited liability for holders of a mortgage made in violation of law, whether it is the original lender or a subsequent investment trust.offers, services to help Home Owners at risk of Foreclosure due to subprime lending procedures.Go to ### Washington, DC, January 20, 2008 --( PR.com )-- The Federal Foreclosure Assistance Center today announced the availability of a limited amount of grants and financial assistance for Home Owners at Risk.“Foreclosures are at record levels in our country, hurting homeowners and weakening our economy,” said Dodd.