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Barney Franks’ Crusade

Started by washingtonindependent · Hace 7 meses

Mortgage servicers have not done enough to help struggling homeowners avoid foreclosure, a leading Democrat said Wednesday, and Congress must now step in with new legislation to help them salvage their troubled loans.
“We have not seen servicers participating in any significant way ... Continue reading »

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  • Social service agencies say homeless rates are on the rise not only as families lose their own homes to foreclosure but also as renters are evicted after their landlords default. Many people's finances have a gap in them that require applying for a payday loan. And we're not the only ones with a gap. The gap in the screening process for the Federal Housing Authority has them saying that they need more employees in order to fill the void. The FDA has been saying that its resources are lacking, to the point that they can't always tell the difference between who is and who isn't a legitimate lender, which could lead to more foreclosures and predatory lending. A federal government job pays well enough that most government employees don't need to worry about getting a payday loan very often, if ever. The talk from the government these days has been a great deal about generating more jobs, and a slew of good paying white collar work for qualified workers is always a good thing. To read more about the FHA, visit your payday loan source.

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