How can cities and counties help residents avoid foreclosures?
Foreclosure rates are high across the nation as the result of abusive mortgage lending practices. The Washington-based U.S. Conference of Mayors (USCM) estimates that nearly 2 million families will be affected by increases in adjustable rate mortgages by 2008, and many stand to lose their homes as a result.
What is your city or county government doing to help residents who are facing the possibility of losing their homes to foreclosures?
Please send your responses to Ed Brock at firstname.lastname@example.org. Include your name, title and the organization with which you work. American City & County will print some of the responses.
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