New Orleans By late Tuesday night the last report was in from Vancouver putting a cap on actions across Canada in Hamilton, Toronto, and Ottawa in freezing and rainy weather as ACORN Canada (www.acorncanada.org) members stepped out to demand of federal authorities in Ottawa and provincial administrators in Ontario and British Columbia that the costs …
Category: Citizen Wealth
Reckoning Coming for Home Modification Failures
New Orleans The good news is that more people are recognizing that the Administration’s HAMP program designed to achieve home mortgage modifications and prevent foreclosures has been a dismal failure. The bad news is that the Republicans are arguing that rather than fix it and actually prevent foreclosures, the program should be killed to save …
Little Hope for Reform in Foreclosure Settlement Negotiations
New Orleans The industry spins the numbers differently each month. Foreclosures are rising, but somehow housing markets are being revived by refinancing. Little of it makes sense and often the information is contradictory, but the bottom line is that housing is still in dire straits across the country. The home mortgage modification program has been …