ProPublica,
@ProPublica@newsie.social avatar

They Were Promised Help With #Mortgage Payments. Then They Got a #Foreclosure Notice.

#Homeowners enrolled in Nevada’s mortgage assistance program have received foreclosure notices when the money fails to make its way from the federal government to the loan providers on time.

#Nevada #Homes #RealEstate #Property #PersonalFinance #Loans

https://www.propublica.org/article/they-were-promised-mortgage-help-then-they-got-foreclosure-notice?utm_medium=social&utm_source=mastodon&utm_campaign=mastodon-post

deltacharlie,

@ProPublica This is akin to asking the local mafia if there is any crime in the neighborhood.

Unfortunately, the government was also the cause of foreclosures by allowing lenders to provided mortgages above and beyond what people can afford.

Most Americans cannot even explain what a mortgage is, or where those dollars come from or how it works. Such irresponsible behavior should be prevented, not rewarded. But that is human nature.

https://deltacharlie.tech/

Sandywb,
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