Is Education the Key to the Housing Crisis?
May 20th, 2008You may be loosing your house, but there is a resolution. The newest plan is to “reach out to borrowers” and give them the information they need to save their houses. The goal is to let borrowers know what programs are out there that may help them keep their homes. But are the homeowners who are embarrassed by the fact that they can’t pay their mortgage going to bite?
For more on this:
Operation HOPE Mortgage Crisis Initiative Gets Boost From Neighborworks America
Jack O’Connell and Jean Chatzky: Combating California’s financial literacy crisis
Foreclosure aid plan outlined
Resources:
Avoid Foreclosure with a Forbearance Mortgage
How to Protect Yourself From Mortgage Defaults
