Monday 12 November 2012

Foreclosures In Nj

Foreclosures In Nj

Is Chris Christie doing enough to help residents of New Jersey stave off foreclosure? A new report from WABC's Jim Hoffer suggests the answer might be "no."In 2011, New Jersey accepted $300 million in federal money to start the Homekeeper Program, which would, as its website advertises, promote "neighborhood stability in New Jersey communities by providing financial assistance to eligible homeowners in danger of foreclosure."New Jersey currently suffers the second-highest foreclosure rate in the nation, according to the Mortgage Bankers Association. However, Hoffer reports that more than a year after the Homekeeper Program was launched, the state has doled out only $4 million, of $300 million available, to 498 families -- while nearly 2,000 applicants have been denied.

Foreclosures In Nj

Foreclosures In Nj

Foreclosures In Nj

Foreclosures In Nj

Foreclosures In Nj

Foreclosures In Nj

Foreclosures In Nj

Foreclosures In Nj




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