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Bennet Works to Forbid Mortgage Providers From Moving Forward on Potentially-Preventable Home Foreclosures
Washington, DC - March 1, 2010 - (RealEstateRama) -- Michael Bennet, U.S. Senator for Colorado, today sent a letter to the U.S. Treasury Department encouraging them to forbid mortgage providers from initiating or continuing the foreclosure process until they determine whether a homeowner is eligible for mortgage loan assistance through the Home Affordable Modification Program (HAMP). The Treasury is reportedly considering this change as part of its loan modification program
Congressman Salazar says banks "better start helping people keep their homes"
WASHINGTON, D.C. - December 3, 2009 - (RealEstateRama) -- Today Congressman John Salazar voiced strong support for the Obama Administration’s recent demand that lending institutions step up efforts to help those fighting off foreclosure through the government’s “Making Home Affordable” program. Specifically, Congressman Salazar expressed his anger over reports that the banks have been evasive and unhelpful to constituents in Colorado’s Third Congressional District.