Court-supervised modifications: Preventing foreclosures and lost community wealth
No matter where you live, the subprime crisis is causing unnecessary foreclosures and draining resources in your community. By lifting the ban on court-supervised load modifications for qualified homeowners, Congress can help nearly 600,000 families nationwide keep their homes and help communities retain an estimated $89 million in tax revenues. To find out the impact Senate bill S. 2636 could have on a particular state, click on the links below.