Several million homeowners are behind on their mortgages or are already in foreclosure as the nation continues to face a pandemic, with low-income communities and communities of color hit hardest. While currently available programs will help many homeowners avoid foreclosure, many other homeowners likely will lose their homes unless further steps are taken.
Since RMS and its parent company, Ditech, filed for bankruptcy protection, it has become even more apparent that both companies failed to properly service consumers’ mortgage loans in many respects.
Read More about HECM Non-Borrowing Spouses Experiencing MOE Problems with RMS
Testimony by Jen Bosco in hearing on Massachusetts S. 195 and H. 331, An Act Relative to Protecting Residential Electric Customers
Overwhelmed by telemarketing calls? Tired of being asked to extend your vehicle’s warranty? Fed up with offers for high-interest, predatory loans? Told the callers to stop but they won’t? Report telemarketing calls to the FCC! Consumer complaints help the FCC identify bad actors and stay alert to emerging trends. Visit fcc.gov/complaints to file a complaint.…
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