Very little of the 75 billion dollars the banks received from the stimulus package has been used to help borrowers who are in trouble with their mortgages. The government has decided to try to pressure the banks to approve more loan modifications to provide foreclosure relief to borrowers. It's about time they did something, but is it possibly too little, too late?
Ginger Taylor
As the home market fluctuates there are many topics that homeowners must review in relation to their future. As everyone seems to be affected by the financial downturn it becomes difficult to find ways to stop foreclosure of families homes. Some families are forced to abandon their home while other families are relying on age appropriate individuals to find work and in many cases work more than one job.