Foreclosures
New Law Requires Mortgage Originators Be Licensed
July 7, 2008 Posted by New Hampshire Real Estate
CONCORD - As part of the state’s ongoing efforts to better protect consumers, Gov. John Lynch today signed a new law requiring mortgage originators to be licensed.
“We are currently experiencing a significant downturn in the national economy, some of which can be directly traced to abuses and unscrupulous practices in mortgage lending. In addition to […]
New Hampshire Announces HOPE for Citizens Facing Foreclosure
March 20, 2008 Posted by New Hampshire Real Estate
Concord, NH – March 19, 2008 - New Hampshire Housing and the New Hampshire Bankers Association announced today they have partnered in a campaign to bring awareness of the national HOPE Hotline initiative to New Hampshire citizens. Joining the two organizations, Senator John Sununu and Congressman Paul Hodes joined with representatives from New Hampshire’s nonprofit […]
Gov. Lynch Alerts NH Homeowners At Risk Of Foreclosure About New Assistance
December 21, 2007 Posted by New Hampshire Real Estate
New Federal Reserve Program Allows Consumers Facing Increasing Interest Rates to Refinance Their Loans
CONCORD, December 20, 2007 - Gov. John Lynch today alerted New Hampshire homeowners who may be at risk of foreclosure to about a new program created by the Federal Reserve Bank of Boston and five New England Banks.
White Paper - Delinquency, Foreclosures and Subprime Lending In NH
December 7, 2007 Posted by New Hampshire Real Estate
The crisis in the subprime mortgage industry affecting the rest of the United States is being felt in New Hampshire as well. In an effort to determine the true impact of subprime lending on the rising rate of foreclosures in the state, New Hampshire Housing developed a “white paper” to be released on December 10, […]
Are You Worried About Your Mortgage?
October 1, 2007 Posted by New Hampshire Real Estate
Banking Commissioner Peter Hildreth strongly supports Governor Lynch’s recent call to action in light of increasing foreclosure rates in New Hampshire and across the country. Commissioner Hildreth urges homeowners to make sure that they are educated consumers when it comes to their mortgages.
No taxpayer bailout for foreclosure victims
August 13, 2007 Posted by New Hampshire Real Estate
Several million homeowners, including 2,000 in New Hampshire, are facing foreclosure next year. Their hardship is real, their stories poignant, and election campaigns are under way. So it’s no surprise that cries are being sounded for a government bailout. Last week Sen. Hillary Clinton spoke of creating a $1 billion fund to help those at […]