Obama Administration New Foreclosure Short Sale Rules
$13.6 million Coming to Boston in Foreclosure Aid
Boston will get $13.6 million in the second round of Neighborhood Stabilization Program funding to assist the city’s foreclosure prevention and reclamation efforts. The grant will allow the Department of Neighborhood Development to support redevelopment of up to 275 foreclosed homes in Dorchester, East Boston, Roxbury, Hyde Park and Mattapan. Buyers of foreclosed properties in [...]
Comments on Obama Administration New Foreclosure Short Sale Rules
Homeowners struggling to stave off foreclosure too often encounter stonewalling from banks and other lenders when trying to do short sales. It ranks as one of the most tragic elements of the current foreclosure crisis. I’ve heard my share of stories on this blog from homeowners who complain they have been strung along for months [...]