Category: Uncategorized

Alabama House Speaker Creates Task Force to Study Poverty

House Speaker Seth Hammett has formed a task force to study poverty in Alabama. The House Task Force on Poverty intends to identify conditions that create or worsen poverty and to propose legislation or public policy initiatives to reduce or … Continue reading

Congress Tries to Help Drowning Homeowners

Homeowners who risk losing their home in foreclosure now have some hope. Congress is considering a bill to allow homeowners who file bankruptcy to modify or change the terms of their home mortgages the same way they can modify car … Continue reading

Mortgage Lenders Misled Consumers

Many of you heard recently about the push for mortgage companies to refinance or offer workout options for borrowers who risk losing their homes due to skyrocketing adjustable mortgage payments. Some mortgage companies even assured the public that they were … Continue reading

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