Obama’s foreclosure plan…
Obama unveiled the plan in Arizona, hard-hit by the housing crunch. More expensive than expected, it aims to keep 9 million people from losing their homes.
One part will ease refinancing for people who owe more on their mortgages than their homes are currently worth. Another provides incentives for mortgage lenders to help those on the verge of foreclosure.
This includes people like this.
Any part to equip people facing foreclosure with access to representation so that they can best advocate for their ability to keep their homes?
UPDATE: Read this great piece in the Huffington Post, entitled It's Time to Treat America's Homeowners as Well as We've Been Treating Wall Street's Bankers.