Thursday, October 21, 2010

How States Can Stop Foreclosures Now

As all 50 state Attorneys General investigate widespread allegations that loan companies use fraudulent documents to push through foreclosures, CRL’s (Center for Responsible Lending) new report, “Foreclosure as a Last Resort,” highlights other strategies that states are using to stabilize their housing markets and prevent unnecessary foreclosures.

Some states are already finding creative ways to incorporate mandatory loss mitigation in their foreclosure prevention efforts.  To find out which states are using this tool and how it can be implemented, download the report now