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Modification Program May Need Its Own Modification

According to various reports, over 40% of homeowners receiving assistance from Obama’s program, created to support those facing foreclosure, have officially opted out. An estimated 530,000 borrowers, as of July, have left the program—this is according to the Treasury Department.  Meanwhile, since March of last year, roughly 1.3 million homeowners […]

Cleveland HUD and Housing Woes

In Cleveland, Ohio, groups of advocates as well as area service providers have suggested poor communities have additional funding, in accordance with the introduction of the HEARTH law. There is growing concern high poverty neighborhoods will be hurt by these new regulations and unable to access funds. According to law, […]