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Fla. city opens foreclosure help center


In a state where Rechtsausschließungen are almost 70 percent a year, the South Florida city is doing what it can contribute to what people in their homes.

The city, on Tuesday opened a duty of care in the enforcement process, in partnership with the US Department of Housing and Urban Development to assist homeowners mortgages new reimbursement rate, repair damaged credit and, in some cases, a direct payment in the amount of $ 10000 to the man behind their loans.

The collapse of the housing market to the national average in cities across the country to collect the work with the people who are in danger of losing their homes, Rechtsausschließungen. Daylong lounges, where lenders and advisers offer advice on desperate homeowners have in Los Angeles, Philadelphia, Boston, and dozens of other cities and towns.

In February, Florida erupted only in Nevada and California, the percentage of households and segregation. RealtyTrac Inc. said 32,447 houses were in the state of separation in February to more than 69 percent from the month of February last year and more than 7 percent from January.

The new center of West Palm Beach is free and every day during the week.

It is also helping financially stressed homeowners to sell their homes, which is confirmed by a so-called “short sale”, where the house is sold, less than the amount owed on the mortgage, but also to avoid segregation.

The city has changed with financial institutions to purchase houses, Atlantic Bank, Bank of America Corp. and SunTrust Banks Inc.

“We will see then to the city who buy homes in our affordable housing program to potential buyers, the costs of closure and the payment of support,” said the spokesman for the city of Scott Chase.

Posted Mayor Lois Frankel: “For many, the dream of national promotion of home ownership has become a nightmare National closure.” The Centre intends, “she said,” in order to propose concrete solutions the huge challenge that most American families. “



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