Money – Federal Reserve Board Governor Randall Kroszner said on Wednesday that the Fed would work with a national affordable housing group to help stabilize neighborhoods with high foreclosure rates.
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What I don't get is why don't they work with them before they lose the home. Instead now we have all these homes sitting empty...
Exactly!
Thanks STONERS, for posting this article!
Makes me paranoid and question the motives for NOT working with people in danger of losing their homes. What's in it for them?