Sunday, September 14, 2008

Stroger seeks 1-year halt to home foreclosures

Interesting:

The move, which Stroger will detail today at Sweet Holy Spirit Church, 8621 S. South Chicago Ave., is part of the county's efforts to address the home foreclosure crisis in Illinois.

Stroger also is funding workshops by Boston-based Neighborhood Assistance Corp. of America (Naca.com) to help homeowners in renegotiating mortgages.

The workshops will be every weekend through October. For more information, call (773) 723-6222.

The interesting part that I chose not to excerpt is that his spokesman said that people were coming up to him seeking help.

Home foreclosures is a mess. If you want to know more read this Washington Post article about Fannie and Freddie Mac.

Both via Newsalert!

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