Newly-elected President Barack Obama has appointed a Housing Secretary and will have to get ready to a challenge of possibly stopping foreclosures and at the same time stabilizing the crisis on house market.
Representative Dina Titus has requested distressed homeowners from her Nevada district to help her identify helpful lenders. She put up a Web site where homeowners can share their dealings with lenders and offered her help in negotiating to avoid bank foreclosure.
The House of Representatives has passed the Helping Families Save Their Homes Act which will provide another stopgap for the surge of foreclosure homes in the country.
If like thousands of other homeowners in America, you're at risk for losing your home, you need to educate yourself about what options there are to help you avoid foreclosure. To learn about ways to keep your home, read on...
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